12.30 Tuesday Bitcoin and Ethereum Morning Analysis
Yesterday, Bitcoin's price briefly surged to the 90,000 level but failed to hold steady and subsequently pulled back. In the 4-hour Bollinger Bands, volatility increased, but the overall trend remains around the middle band, with the lower band providing some support, indicating that the market has not completely lost confidence. The bulls' momentum has not been exhausted; they are just choosing to stay cautious in the short term, waiting for the right moment to strike again, like a bowstring taut, ready to release.
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12.30 Tuesday Bitcoin and Ethereum Morning Analysis
Yesterday, Bitcoin's price briefly surged to the 90,000 level but failed to hold steady and subsequently pulled back. In the 4-hour Bollinger Bands, volatility increased, but the overall trend remains around the middle band, with the lower band providing some support, indicating that the market has not completely lost confidence. The bulls' momentum has not been exhausted; they are just choosing to stay cautious in the short term, waiting for the right moment to strike again, like a bowstring taut, ready to release.
Bitcoin recommendation: 87,100-86,900 Target 89,000
Ethereum recommendation: 2,910-2,890 Target 3,050
#BTC #ETH #BNB