Currently, both Bitcoin and Ethereum are at the top of the 4-hour downward channel. The bulls are showing strong momentum. For Bitcoin, a pullback to 87,500-87,000 with stops at 86,000 and targets at 88,600-89,300. A breakout could lead to a rise toward 90,600. For Ethereum, a pullback to 2,930-2,900 is a good buy zone with stops at 2,880 and targets at 2,980-3,030. A breakout could push it toward 3,100.
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Currently, both Bitcoin and Ethereum are at the top of the 4-hour downward channel. The bulls are showing strong momentum. For Bitcoin, a pullback to 87,500-87,000 with stops at 86,000 and targets at 88,600-89,300. A breakout could lead to a rise toward 90,600. For Ethereum, a pullback to 2,930-2,900 is a good buy zone with stops at 2,880 and targets at 2,980-3,030. A breakout could push it toward 3,100.