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5.6 Morning Bitcoin and Altcoin Analysis
On the 4-hour chart, BTC’s Bollinger Bands continue to contract and flatten. The market has entered a period of sideways consolidation and buildup. The coin price remains firmly above the middle Bollinger Band, and the short-term bullish order flow is intact. All moving averages across every timeframe extend upward in sync; layered supports form strong reinforcement. After the KDJ indicator forms a golden cross at a low level, it continues to rise steadily. Bullish momentum keeps releasing, and the bullish signals on the chart are very clear.
Trading Suggestions
Bitcoin: Do a long (buy) around 78,500-80,000, target 81,000-83,000
Altcoin: Do a long (buy) around 2,300-2,330, target 2,360-2,400
$BTC $ETH $SOL #比特币站稳8万关口