Currently, in terms of the market, BTC has once again risen above 122000 to 122335 and then entered a sideways consolidation phase. At present, there is a slight pullback, but the strength is not deep. As the dominant trend has not been broken, our approach remains to buy on the dip. After a strong bullish candle on the four-hour chart, a long upper wick bearish candle appeared, indicating that there is fierce competition at this level. The KDJ indicator is gradually flattening. In conjunction with the hourly level, the MACD momentum bars are gradually shortening, suggesting that the short-term buying volume is somewhat weakening, and there may be a certain degree of pullback. This is also a good opportunity for us to make moves. Let's see if the price can consolidate and build momentum to push higher once again. Ether is also giving a certain pullback, and we will focus on the key level of 4250 for our moves in the future, maintaining a bullish outlook.
BTC near 121600-121000 with a target of 123000, Ether near 4280-4250, with a target of 4350 breaking looking at around 4460.
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Currently, in terms of the market, BTC has once again risen above 122000 to 122335 and then entered a sideways consolidation phase. At present, there is a slight pullback, but the strength is not deep. As the dominant trend has not been broken, our approach remains to buy on the dip. After a strong bullish candle on the four-hour chart, a long upper wick bearish candle appeared, indicating that there is fierce competition at this level. The KDJ indicator is gradually flattening. In conjunction with the hourly level, the MACD momentum bars are gradually shortening, suggesting that the short-term buying volume is somewhat weakening, and there may be a certain degree of pullback. This is also a good opportunity for us to make moves. Let's see if the price can consolidate and build momentum to push higher once again. Ether is also giving a certain pullback, and we will focus on the key level of 4250 for our moves in the future, maintaining a bullish outlook.
BTC near 121600-121000 with a target of 123000, Ether near 4280-4250, with a target of 4350 breaking looking at around 4460.