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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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#BNB# 8.8 Afternoon Market Analysis:
The daily Bitcoin surged to the 1175 line in the morning, then experienced a short-term pullback. The downward momentum is limited, but the rebound high has shifted downwards. The morning short position at 1174 has currently touched a minimum of 1163, realizing over a thousand points of short-term profit.
The 4-hour chart shows that after a consecutive series of bullish candles break through the upper band, there is a stagnation in price increase, with multiple upper shadows causing the price to close lower. The short-term is under pressure and fluctuating. It is important to note that the KDJ indicator in the attached chart has shown signs of a turn, and the bullish momentum of the MACD is also gradually weakening. Tonight's operations should focus on the rhythm of the market's pullback.
Operation Suggestions:
In the range of 117000-117500, the target is to look down near 114100-114600. If it breaks 1141, then continue to look down near 1136.
The target for the aunt's area 3930-3960 is looking down to around 3810-3840. If it breaks 3810, continue looking down to around 3660 $BTC $ETH