After a brief fluctuation, BTC quickly rose during the day, peaking at 110350 in the early morning before slightly retreating, showing an overall upward oscillating trend.
From the four-hour timeframe, BTC quickly rebounded after touching the lower Bollinger Band and has now broken through the middle Bollinger Band, indicating a shift in the short-term trend from weak to strong. The MACD line continues to diverge upwards after a golden cross below the zero axis, with red bars continuously amplifying, indicating that bullish momentum is accelerating. The KDJ three lines are continuously rising after a golden cross in the oversold area. Currently, the J line is close to being overbought, indicating strong short-term momentum.
BTC: Around 108950-109500, with a target looking up at around 110700-111350.
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Latest analysis of 9.29BTC/ETH at midnight
After a brief fluctuation, BTC quickly rose during the day, peaking at 110350 in the early morning before slightly retreating, showing an overall upward oscillating trend.
From the four-hour timeframe, BTC quickly rebounded after touching the lower Bollinger Band and has now broken through the middle Bollinger Band, indicating a shift in the short-term trend from weak to strong.
The MACD line continues to diverge upwards after a golden cross below the zero axis, with red bars continuously amplifying, indicating that bullish momentum is accelerating.
The KDJ three lines are continuously rising after a golden cross in the oversold area. Currently, the J line is close to being overbought, indicating strong short-term momentum.
BTC: Around 108950-109500, with a target looking up at around 110700-111350.
ETH: Around 3965-4000, aiming for 4060-4085.