Analysis at 8:23 AM


The current price of BTC is rising. In the 1-hour candlestick chart, the price closely follows the short-term moving averages and breaks upward. The MACD has golden crossed again in a strong zone, with the red bars continuously thickening and trading volume expanding. The bullish momentum is fierce, and BTC is expected to continue its strong upward trend in the short term, potentially opening up further upward space.
Bitcoin suggestion: Buy around 116500, look for 117100 to 117700.
Ethereum analysis: bullish around 4780, watch 4820~4860
BTC-0.3%
ETH1.26%
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