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Four-hour chart shows that the price has been rising continuously and touching the upper band pressure before turning into a medium-shadow line for a pullback. The current four-hour K-line structure indicates that the short-term trend is dominated by the Koutou. Yesterday's price rebound was boosted by external factors. After the external stimuli are digested, Koutou may usher in a new round of volume increase, and the retracement is still expected to continue.
The hourly chart shows that the price has been rising with consecutive bullish candles, closely following the upper Bollinger Band, then pulling back after the US stock market closed, highlighting the need for a correction. The MACD histogram indicates that the momentum of the Koutou is weakening, with the fast and slow lines approaching each other and overall leaning towards Koutou. It is recommended to focus on rebounds with high Koutou.
Bitcoin: Range around 68,800-67,500, with a lower target of 67,800-66,500
Ethereum: Range around 2,010-2,050, with a lower target of 1,960-1,860