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Morning Analysis
From the current market structure, the four-hour cycle shows a sideways consolidation pattern with alternating bullish and bearish phases. The price continues to converge within the middle band of the Bollinger Bands, with the high and low point fluctuations gradually narrowing. The battle between bulls and bears is becoming increasingly intense, and the market has reached a critical juncture for direction selection.
Within the one-hour cycle, although the price remains above the middle band of the Bollinger Bands and is oscillating upward, the long upper shadow of the candlestick indicates that selling pressure at higher levels has entered an explicit release stage. Market technical signals are becoming blurred, and it is essential to pay close attention to news developments to capture the core driving logic that could break the range equilibrium. Morning trading suggestions mainly focus on buying low.
Trading Recommendations
Bitcoin can be bought within the 86,700-87,200 range, with targets around 88,700-89,200;
Ethereum can be bought within the 2,920-2,900 range, with a target around 3,050.