Good morning everyone, I am Zhao Zhao. Looking back at yesterday, BTC was overall stable during the day, and after a quick drop to the key support level of 86300 in the evening, it was quickly pulled back up, stabilizing above 90,000 again, indicating that market sentiment has clearly strengthened. The daily chart in recent days shows a bottoming pattern, with alternating small red and green candles oscillating, but it has consistently stayed above the lower Bollinger Band without breaking down. The moving averages are turning upwards, and the volume continues to decrease, indicating that the momentum is building. The fluctuations at the four-hour level have been compressed, but the middle track continues to rise, with the pullback lows consistently increasing. The bulls still firmly control the market rhythm, and the market sentiment belongs to a typical oscillating strong structure.
BTC retraced to 87000-88000, targeting 91000-92000. ETH retraced to 2950-3000, targeting 3060-3100.
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11.27 morning BTC ETH:💝
Good morning everyone, I am Zhao Zhao.
Looking back at yesterday, BTC was overall stable during the day, and after a quick drop to the key support level of 86300 in the evening, it was quickly pulled back up, stabilizing above 90,000 again, indicating that market sentiment has clearly strengthened.
The daily chart in recent days shows a bottoming pattern, with alternating small red and green candles oscillating, but it has consistently stayed above the lower Bollinger Band without breaking down. The moving averages are turning upwards, and the volume continues to decrease, indicating that the momentum is building.
The fluctuations at the four-hour level have been compressed, but the middle track continues to rise, with the pullback lows consistently increasing. The bulls still firmly control the market rhythm, and the market sentiment belongs to a typical oscillating strong structure.
BTC retraced to 87000-88000, targeting 91000-92000.
ETH retraced to 2950-3000, targeting 3060-3100.