12.4 Early Morning Silk Road

The day's market trend is coming to an end. Bitcoin completed a pullback adjustment in the morning, quickly stabilizing after touching the key support level at 90954, and then started a unilateral rally in the afternoon, reaching a high of 93932. The short-term fluctuation exceeded 2900 points. Ethereum moved in tandem, rebounding after hitting a morning low of 2983 and climbing to a high of 3083 in the afternoon. In the evening, with the opening of the US stock market, there was another pullback and bottom-testing trend. Currently, Bitcoin is trading near 92000 and Ethereum is trading near 3070.

On the four-hour chart, the price has received strong support from the bottom area and continues to rise. The candlesticks show solid bullish momentum. Volume and price coordination is overall healthy, and there are no clear reversal signals such as an evening star yet. The short-term trend still has upward momentum, accompanied by the usual pullback and rapid recovery, indicating strong support below. On the hourly chart, the price alternates within the upper and middle bands of the Bollinger Bands, which are narrowing and moving sideways, indicating a need for market correction. The short-term market is entering a slow-paced consolidation, but there is still basic upward potential in the later stage. For operations, focus on buying on dips near key support levels.

Trading Suggestions:
Bitcoin: Buy near 92400-92200, target around 94000
Ethereum: Buy near 3060-3040, target around 3150 #成长值抽奖赢iPhone17和周边