Evening Bitcoin and Ethereum operation suggestions and direction sharing


From the current market perspective, the 4-hour chart shows that after Bitcoin dropped to the 110935 line and stopped falling, it rebounded with two consecutive bullish candles, reaching resistance near the 113100 line. This is very similar to yesterday, where an attempt to break through this level was unsuccessful, leading to a retracement phase, indicating that there is still strong pressure above. Currently, the BTC price tested the upper band of the Bollinger Bands before quickly falling back, fluctuating around the middle band at approximately 112950. The upper and lower bands are converging, indicating a short-term consolidation phase. Trading volume and short-term average volume are stable, with no significant signs of expansion or contraction, further confirming the range-bound pattern. For evening trading, if the price continues to fluctuate narrowly around the middle band of the Bollinger Bands, it is advisable to maintain the afternoon strategy of selling high and buying low, while being cautious of false breakouts during the Bollinger Bands consolidation phase.
The evening Bitcoin is around 113200 to 112900, watch for 111000.
The second pancake is around 4200 to 4170, pay attention to 4070 #BTC# #ETH# .
ETH-1.58%
BTC-2.14%
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