1.4 Sunday Bitcoin and Ethereum Afternoon Analysis
In today’s morning session, despite multiple attempts to reach the 90,000 level, there was no effective breakthrough. Subsequently, the market successfully built a bottom and gradually climbed, not only breaking through the recent rebound high but also reaching as high as 91,770. From a short-term cycle analysis, the market highs have been continuously refreshed, the Bollinger Bands are expanding upward, and the momentum is consistently pointing towards a bullish trend. Multiple pullbacks have accumulated strength near the highs, indicating that the subsequent market trend is likely to continue developing in a bullish direction. Bitcoin targets 9,250, Ethereum targets 3,250
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1.4 Sunday Bitcoin and Ethereum Afternoon Analysis
In today’s morning session, despite multiple attempts to reach the 90,000 level, there was no effective breakthrough. Subsequently, the market successfully built a bottom and gradually climbed, not only breaking through the recent rebound high but also reaching as high as 91,770.
From a short-term cycle analysis, the market highs have been continuously refreshed, the Bollinger Bands are expanding upward, and the momentum is consistently pointing towards a bullish trend. Multiple pullbacks have accumulated strength near the highs, indicating that the subsequent market trend is likely to continue developing in a bullish direction.
Bitcoin targets 9,250, Ethereum targets 3,250
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