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Looking at the four-hour chart of Bitcoin, the price has been oscillating around the midline after a long period of consolidation and accumulation. In the evening, it quickly surged with consecutive bullish candles, strongly breaking through the upper band to form a short-term overbought condition. Currently, the Bollinger Bands are expanding rapidly, with the bulls dominating the market. The overall upward trend of the price has been well reinforced. Although there is some correction and repair in the current market, the overall bullish trend remains unchanged.
In the short-term hourly chart, the price shows a pattern of oscillating, consolidating, and rising simultaneously. While reflecting the current dominance of the bulls, it also indicates a market gradually warming up through continuous higher highs and higher lows after persistent dips and low-level consolidation. The hourly KDJ indicator's three lines have crossed upward and are diverging quickly. The MACD histogram shows continuous strengthening, and the Bollinger Bands are expanding upward at an accelerated pace, with the upward channel expanding in sync. Despite the short-term need for technical correction, the overall trend suggests there is still room and momentum for further upward movement. The short-term outlook remains bullish.
Looking at the four-hour chart again, the price has been oscillating around the midline after a long consolidation, then surged rapidly with consecutive bullish candles in the evening, breaking through the upper band to form a short-term overbought condition. The Bollinger Bands are expanding rapidly, with the bulls dominating the market. The overall upward trend is again well reinforced. Although some correction is needed, the overall bullish trend remains unchanged.
In the short-term hourly chart, the price continues to oscillate, consolidate, and rise, reflecting the current bullish dominance while also indicating a market warming up through higher highs and higher lows. The hourly KDJ's three lines crossed upward and are diverging quickly. The MACD histogram continues to strengthen, and the Bollinger Bands are expanding upward rapidly, with the upward channel expanding in sync. Despite the short-term need for technical correction, the overall trend suggests further space and momentum for upward movement. The short-term outlook remains bullish.
Bitcoin around 92,800 is a good buy, watch near 94,000. Ethereum around 3,150 is a good buy, watch near 3,250. #每日行情分析 #加密市场观察