The Bitcoin Bollinger Band currently shows an opening at the upper band, and the entire band continues to oscillate upward. The technical trend for Bitcoin is actually relatively stronger than that of Ethereum.
Currently, the price is also close to the 100,000 mark. According to the current trend, Bitcoin is expected to once again challenge historical highs this month, and Ethereum will naturally experience a correlation effect.
The short-term pattern of the overall market has shifted to a strong trend. At this time, the market will closely monitor the breakout at the 100,000 level. Once it breaks through, it will open a new upward channel for subsequent price increases.
In terms of operations, it is recommended to go long for Bitcoin around 98,300-98,800, with a stop loss at 97,500 and a target of 101,500 above.