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Hua Zai on the Market: Morning Views on BTC and ETH
On the 4-hour timeframe, bulls and bears repeatedly engage in a tug-of-war, with alternating bullish and bearish oscillations and a ranging shakeout to wash out positions. After price touches the middle Bollinger Band, it immediately rebounds strongly; as it probes toward the lower band, the downward momentum exhausts. The bulls and bears fight fiercely, and the bulls have a clear advantage in full force!
BTC: Go long directly in the 75,200-75,700 range, with the target directly pointing to 77,000
ETH: Scale in with staggered entries to buy at low levels in the 2,250-2,300 range, with a strong upside outlook toward 2,400
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