The market welcomed a strong surge in the early hours, reaching the high pressure line of 89800, then fell back. In the morning, the price retreated to the low point of 86657 and quickly rebounded. Ethereum also touched the high of 3392 in the morning, then gave a downward spike. The intraday low retraced to 3250. In the afternoon, the price began to oscillate. Our bullish outlook given in the morning was perfect, with Bitcoin successfully capturing 2444 points of space, and Ethereum successfully capturing 51 points of space.

Combining the current short-term hourly chart, the Bollinger Bands show signs of opening, and the market maintains a steady upward movement, with the high again approaching the 90,000 mark. If a breakthrough can be made, the price is expected to test the area above 90,000 again, and any breakouts can attempt to chase the rise. Conversely, if the 90,000 mark cannot be broken, the market will retreat to support below, and it is important to recognize this in a timely manner.

Operation Suggestions

Buy Bitcoin at 88500-88700, target 91000

Buy Ethereum around 3330, target 3400

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