Morning Thoughts
Observing the four-hour chart, the Bollinger Bands show a significant upward opening, with the lower band support continuing to rise, and the upward space has been fully opened. Currently, the upward pressure is relatively low, with no signs of a peak being formed in the short term.
Looking at the one-hour chart, every two consecutive bearish candles are followed by bullish ones. Although there are pullbacks, the trend remains upward, and the bulls are still strong, so our thinking is still primarily focused on buying on dips!
For Bitcoin, buy on dips around 104800-105200, aiming for around 107000.
For Ethereum, buy on dips around 3980-4000, aiming for around 4100.
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