$BTC 4.8 Nighttime Bitcoin and Ethereum Market Analysis and Trading Suggestions



From the 4-hour chart of Bitcoin, the current structure has clearly shifted from a "wide-range oscillation upward" to a "strong bullish narrow-range oscillation upward" pattern. Previously, the price repeatedly confirmed support at the BOLL middle band, with each rally followed by a pullback to the middle band. However, today during the daytime session, after reaching a high, the price did not revisit the middle band but instead moved sideways or slightly retraced, indicating increased support strength below and that bullish momentum is building.

Currently, the candlestick bodies are firmly above the BOLL upper band, and the three lines of the Bollinger Bands are opening upward simultaneously, which is a typical signal for the start of a bullish trend. The price has pulled away from the middle band, no longer frequently testing support, but is climbing slowly along the upper band, showing a healthy "small step push higher" upward pattern. This kind of movement often indicates strong control by the main traders, leaving little opportunity for entry at lower levels, with each minor correction serving as a shallow test.

Ethereum's structure is highly synchronized, also showing the BOLL three lines opening upward and candlesticks running along the upper band with strong momentum. If there is a slight downward retracement during the evening session, it is more likely to be a move to clear out floating positions and create a fear of higher prices, a typical "trap" to shake out weak hands. As long as the overall bullish trend remains intact and key support levels are not effectively broken, any sharp decline should be viewed as an opportunity for a second entry.

Trading strategy: Don't guess the top, don't fear the top. Follow the trend; a pullback is an opportunity to add long positions. Focus on the 4-hour MA10 or support near the middle band. As long as the price stays above this level, maintain a buy-on-dips approach. The upward space has already opened, waiting for an acceleration in volume. #加密市场回升
BTC3.98%
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