12.3 Afternoon Bitcoin and Ethereum Market Analysis and Trading Suggestions

The current market is showing a steady upward trend with resilient momentum. Multiple technical indicators are turning positive simultaneously: the Bollinger Bands are continuously widening, and the price is stably operating in the strong zone between the middle and upper bands, indicating a clear posture of building momentum for an upward breakout. The candlestick patterns are dominated by bullish candles, with strong buying power evident. Even when there are technical pullbacks during the session, the extent is quite limited and always stays above the middle Bollinger Band, indicating solid support below and strong market absorption. This structure—pullbacks not breaking key support, followed by consolidation and another upward move—further confirms the continuity and health of the bullish trend. For afternoon trading, you can continue to follow the trend with a bullish bias, focusing on whether the price can test and effectively break through the upper band resistance. If it does, there is potential for further upside.

For the afternoon, you can go long on BTC around 93000 with a target of 95000. For ETH, you can go long around 3040 with a target of 3120.