On the morning of March 11, thoughts on BTC and ETH

Observing the four-hour cycle, the market has shown a three consecutive bullish candlestick pattern in the upper Bollinger Bands area, which is a typical characteristic of strong bullish momentum. After a brief pullback to the bottom support level in the morning, the K-line quickly rebounded, as if injecting strong driving force into the market, propelling the overall trend to continue rising.

On the hourly timeframe, the market shows significant volatility, with frequent alternation between bulls and bears. Initially, there was a four consecutive bearish candlestick pattern, followed by a quick rebound after the price broke below the lower Bollinger Band, returning to above the lower band area, and currently operating in the upper band area. The current candlestick is continuously testing the pressure at the middle Bollinger Band, and with the upward space opening up, a short-term bullish trend has been established. This indicates that bullish forces have gained control of the market in the short term, and the price is likely to continue an upward trend.
Today's suggestion: Low Do
BTC: Around 109000, look for a breakthrough near 111000 to continue looking at around 112500.
ETH: Around 3800, ↑ looking for a breakthrough at 3940 to continue ↑ looking around 4050.