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Analysis on Tuesday at 8:5 AM
The night pancake has been strengthening in a step-like manner, rising from 114000 to 115400 after the impact. It's time for us to take some profit, followed by high-level fluctuations and consolidation.
The Bollinger Bands on the hourly chart are diverging synchronously upwards, with each band showing a positive slope. The 4-hour chart is rebounding and correcting. Bulls are trying to reverse the downtrend, but there is still resistance above. The MACD green bars are shortening and will soon turn red. Bears are weak, while bulls are strong. A golden cross is forming, and the red bars are expanding, indicating that the rebound will continue, with a focus on low longs in the future.
BTC: Buy around 1145—1150 Target 1165
ETH: Buy around 3620—3650, target 3760#eth