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11.27 BTC/ETH Morning Market Analysis
After a drop before the daily line, it has stabilized and is now slightly oscillating above the lower Bollinger Band. The K-line is fluctuating with alternating bearish and bullish candles, while the moving averages are slowly trending upwards. The selling pressure is weakening, market sentiment is improving, and it is gathering strength to prepare for a breakout.
The price on the four-hour chart is fluctuating around the middle band of the Bollinger Bands. The fluctuation space is small, but the middle band is moving upwards, and the lows of the pullbacks are getting higher, indicating that the bulls are still dominating the trend.
BTC
Operational suggestion, 89400 - 89900
Target range: 91400 - 91900
Concubine
It is recommended to operate in the range of 2960 - 2990.
Target range, 3160 - 3190