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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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8.4 Morning Analysis
From the 4-hour K-line perspective, the previous downward trend has reversed, and the market is beginning to show signs of an upward breakout. The B price received support after touching the lower Bollinger Band and has since continued to rise, currently breaking through the middle band. From the 1-hour perspective, it is running above the middle band.
Considering the technical repair needs after the consecutive declines over the weekend, focus on the rebound of DouTou at the beginning of the week. It is recommended to counter trade Dou.
Suggestion:
Bitcoin: Fluctuating around 114600-114000, target around 116200-115500.
Two cakes: hovering around 3520-3480, targeting 3620-2580.
#BTC#