In the 4-hour chart, the Bollinger Bands are showing a strong upward trend, with bullish momentum gradually accumulating. The candlestick movement is as I expected, forming a pullback near EMA220. The support below is solid, with EMA30 and the middle band forming a strong defense line, while the 3400 support level appears particularly robust. At the same time, the upper area still requires close attention to the impact of EMA120, specifically the breakthrough potential at the 3600 mark. In the MACD indicator, although the volume above the 0 axis has decreased, when observed in conjunction with the hourly chart, if the intraday pullback progresses slowly, the convergence of the fast and slow lines will be relatively weak. This trend might persist until the evening, but afterward, the market is expected to usher in a new round of upward momentum, which is exciting to anticipate!
Bitcoin can be bought at 97900-97500, with a target near 100000.
Ethereum can be bought at 3470-3460, with a target near 3500.
