12.12 Morning BTC/ETH Trend Analysis:
The current market is in a technical repair phase under pressure, and although the short-term upward channel has experienced a temporary break, the bullish momentum is in a continuous accumulation process.
From the four-hour cycle trend, the previous two rounds of increasing bullish candles have driven the market to rise strongly. The price directly broke through the mid-track pressure from the lower band area of the Bollinger Bands and subsequently tested the upper track pressure before experiencing a pullback. The current adjustment cycle is nearing its end, with the candlestick quickly stabilizing and rebounding after probing the mid-track support, and the long lower shadow pattern formed at the bottom fully confirms the effectiveness of the support below, laying a solid foundation for the subsequent bullish counterattack.
The hourly cycle presents a clearer bullish guidance, with the three tracks of the Bollinger Bands diverging upward synchronously. The candlestick oscillates higher relying on the short-term moving average, with significant bullish trend characteristics, and a clear and sustained upward rhythm.
Suggestions:
Place long positions for BTC below 91500, targeting 93500.
Place long positions for ETH below 3200, targeting 3300.
