Evening Bitcoin Ethereum Analysis

The current trend of oscillating upward has become the main theme of the market, with the overall market rising in a wave-like manner, continually moving upwards. From the four-hour level and the daily level, the price is oscillating around the middle track of the Bollinger Bands, with K-lines continuously testing the resistance efficiency of the middle track. The market is rising continuously in a three consecutive bullish candlestick pattern, with a W-shaped bottom formation and an ascending support level. Currently, it is in the third stage of the upward trend, and the continuity of the rise is continuously strengthening. The bullish market is gradually warming up. Analyzing the MACD technical indicators, the fast and slow lines are about to form a closure, which also means that a change in the market trend is about to begin, and the previous downward trend is about to be broken, with the market set to rise. From the hourly level, there has been a certain amount of retreat in the market, with a brief four consecutive bearish candlestick retreat, but the retreat momentum is obviously weak, and the bearish sentiment in the market is significantly insufficient. Currently, it is operating near the middle track, and the bottom support has already formed. A subsequent rebound will also begin, and for friends operating in the short term, the middle track is the position for the rebound. #加密监管立法提速
Buy in the range of 111000-110500 for Bitcoin Target 112510
Buy in the Ether 3920-3900 range, target 4000.