1.4 Saturday Morning Market Analysis
On Saturday morning, every day in life is a new beginning, and we must remain optimistic and positive! Every day in the crypto world is a new hope, and we must face it bravely!
After a few days of adjustment, we are back in an upward trend,
Currently, the bulls are showing strong performance, continuously grinding upwards yesterday, reaching a high of around 99000. It is undoubtedly favorable for the bulls in terms of rhythm, and the key now is to see if we can break and stabilize above 98000.
If we stabilize, we will continue towards 100000; otherwise, we will maintain a cautious approach!
Technically, the daily chart for Bitcoin shows two consecutive bearish candles, the Bollinger Bands are gradually narrowing upward, the MACD moving average is continuously extending downward, and bearish volume is being released. Meanwhile, the KDJ line is gently pushing upward. On the 4-hour chart, the Bollinger Bands have turned to a downward narrowing operation, but the price has already rebounded above the middle track of the Bollinger Bands. At this point, the MACD moving average has started to turn upward, bullish volume is gradually expanding, and the KDJ line is also showing an upward trend. For Ethereum, the daily level shows an interweaving of bullish and bearish candles, with strong bullish momentum breaking through new highs, approaching around 3632. The Bollinger Bands have opened in an upward direction, and the MACD moving average and KDJ line are moving upward in sync, with bullish volume continuously increasing. The 4-hour level also shows that the Bollinger Bands are expanding, the MACD moving average is climbing upward, bullish volume is in an expanding state, and the KDJ line is also advancing upward.
For short-term operations on Bitcoin, look for a pullback to the 97500-98000 area, targeting 99000-100000.
For Ethereum, look for a target in the 3570-3590 area, aiming for 3630-3670.
The situation is quite significant, the winning streak continues, if you are unsure about the bullish or bearish sentiment, stick to the strategy and walk together! Let's create brilliance again! #比特币走势观察