#BTC 10.5 Afternoon Bitcoin Ethereum market analysis and operation suggestions



In the cryptocurrency world, what is cultivated is the mindset. Deeply working during a bear market and staying alert during a bull market; navigating through the fog of price fluctuations reveals the true essence of value. This is not just about investing, but also a practice of befriending time. Bitcoin surged again at noon, refreshing its historical high to the level of 125798. Observing from the hourly Bollinger Bands, the bag mouth shows a typical "expanding trumpet shape," indicating a significant increase in market volatility, while the indicators continue to diverge upwards, forming a strong driving support that propels the upper band to move up quickly. The current technical structure is entirely dominated by bulls, maintaining a good trend extension state, with no signs of momentum exhaustion.

On the daily chart, as the ascending channel further expands upward, the price continuously solidifies the bottom and steadily rises amid rhythmic weak pullbacks. The bullish volume continues to be released gently, effectively pushing the moving average system to show a consistent upward divergence pattern. The overall trend has confirmed the entry into a bullish pattern, making the upward momentum difficult to reverse. On the four-hour chart, the operating channel maintains a clear upward trend, with prices consistently closing in the green, and bullish momentum fully spreading, leading to a one-sided bullish characteristic in the trend. The current rhythm is mainly characterized by a trending upward movement, and any pullback that appears in the short term serves as a preparation for further upward momentum in the future. The operational strategy is to look for buying opportunities on pullbacks.

In the afternoon, the pancake can be around 124000-124400, with the target looking near 126000.
In the afternoon, Ether can be bought at 4560-4580, with a target around 4680 #GatePerpDEX正式上线 #十月加密市场预测 #Gate热门新币推荐 .
BTC0,15%
ETH0,06%
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