From the 4-hour chart, the Bollinger Bands are expanding upwards, and the price has broken through a key level. Multiple technical indicators are in sync with BTC's movement, showing an overall upward trend amidst fluctuations. Switching to the 1-hour timeframe, the Bollinger Bands continue to expand, with the middle band providing stable support, and the price is running along the upper band. The MACD has shown a turning point upwards below the zero line, with the green bars starting to shorten, indicating a relatively clear short-term bullish signal.
Current strategy: Consider gradually building a long position in the range of 2950 to 2980. The target is to see around $3030-3075.
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#数字资产市场观察 December 3rd early morning $ETH trend analysis
From the 4-hour chart, the Bollinger Bands are expanding upwards, and the price has broken through a key level. Multiple technical indicators are in sync with BTC's movement, showing an overall upward trend amidst fluctuations. Switching to the 1-hour timeframe, the Bollinger Bands continue to expand, with the middle band providing stable support, and the price is running along the upper band. The MACD has shown a turning point upwards below the zero line, with the green bars starting to shorten, indicating a relatively clear short-term bullish signal.
Current strategy: Consider gradually building a long position in the range of 2950 to 2980.
The target is to see around $3030-3075.