The crypto assets market is generally showing a volatile consolidation trend, with Bitcoin maintaining a high-level fluctuation pattern, while Ethereum has retreated and adjusted after a surge.



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The intraday price fluctuation of Bitcoin has narrowed, oscillating throughout the day primarily above the 110000 range, demonstrating strong support. From a technical perspective, the 4-hour chart gives a clear signal: previously, after several dips and recoveries above the 106000 mark, the price stabilized successfully and then entered a series of upward bullish candlesticks, with the entire process forming an oscillating upward pattern based on the middle band of the Bollinger Bands. The current key breakthrough is that Bitcoin has successfully risen above the middle band of the Bollinger Bands and has solidified that position; the middle band in the 4-hour chart has now become an important support level. As the price continues to extend upward relying on the middle band, the subsequent upward space gradually opens, with the next core target pointing to the previous high point around 115000, which will become a key node for short-term bullish and bearish battles. The evening operational strategy must closely adhere to the effectiveness of the middle band support: if it can hold the middle band support in the short term, the low bullish idea can continue; if it unexpectedly breaks down the middle band, the operational logic needs to be adjusted in a timely manner. Specific point suggestions: if it falls back to the 110000-109500 range, it can be a good entry point for going long, targeting around 112000-113000, and the previously laid low positions can continue to be held to seek greater upward space.

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Ethereum is showing a pullback trend after a high. The price slightly surged to around 3916 during the midday session but faced pressure and gradually retreated. As of now, it has returned to around 3890 and is fluctuating, demonstrating some short-term pullback pressure. From a technical analysis perspective, on the 4-hour chart, Ethereum successfully recovered the middle band of the Bollinger Bands after a low rebound and closed above it. This movement has broken the previous weak downtrend, providing technical support for a short-term rebound. The hourly chart indicates that it is still in the rebound process, but in conjunction with the upper shadow left on the daily chart, the current rebound should be seen more as a confirmation of the upper shadow at the daily level, representing a process of multiple attempts to rise rather than a clear trend reversal signal. Evening operations should be approached with caution, avoiding overly aggressive bullish or bearish positions. It is recommended to focus on a fluctuating strategy, adopting a high short and low long operation strategy. Attention should be paid to the breakout situation between the 3920-3950 range. If the range is broken, it can be followed accordingly; if it continues to fluctuate within the range, timely profit-taking and stop-loss measures should be taken to avoid falling into a passive situation.
BTC-2.2%
ETH-4.95%
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ShizukaKazuvip
· 11-02 13:14
Just go for it💪
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NewNamevip
· 11-02 13:04
Thank you for information!
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Wg9966vip
· 11-02 12:26
666
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Ryakpandavip
· 11-02 12:23
Just go for it 💪
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