From a technical perspective, BTC and Ether's recent trends are perfectly aligned. Although there has been a certain degree of pullback in the price ratio, the strength of the pullback is limited, and it has not approached the previous low points. The 4-hour chart shows a stair-stepping upward movement with oscillations switching back and forth. The bullish trend line remains intact, and the Bollinger Bands are gradually opening upwards, having broken through the upper band's resistance. There is a significant distance from the middle band support, and the market still has upward momentum. The outlook remains unchanged in the early morning, continuing to maintain a bullish perspective. The strength suggests that BTC is likely to look towards around 109000, and Ether around 2700.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
From a technical perspective, BTC and Ether's recent trends are perfectly aligned. Although there has been a certain degree of pullback in the price ratio, the strength of the pullback is limited, and it has not approached the previous low points. The 4-hour chart shows a stair-stepping upward movement with oscillations switching back and forth. The bullish trend line remains intact, and the Bollinger Bands are gradually opening upwards, having broken through the upper band's resistance. There is a significant distance from the middle band support, and the market still has upward momentum. The outlook remains unchanged in the early morning, continuing to maintain a bullish perspective. The strength suggests that BTC is likely to look towards around 109000, and Ether around 2700.