Ether morning analysis

This week is drawing to a close, and Lao Cai's layout for More Dan remains accurate as always. The three points provided by Lao Cai have also proven to be effective. The market for Bitcoin is sluggish, and we are focusing on Ether. Yesterday around ten o'clock, Ether dropped to the 4152 line, breaking below the lower Bollinger Band, and continued to touch the 4152 line before rebounding, rising to 5325, which is also a point of Lao Cai's layout. We did not focus on More Dan at 4256 but waited to exit at 4313, securing a space of 57 points. The points were given in such detail that those who saw Lao Cai above must have also secured it.
Looking at the Ether daily chart, we currently have four consecutive bullish candles, and the candles are full-bodied, indicating that the bearish momentum is strong. The Bollinger Bands are widely spread, suggesting significant upward potential in the future. According to the MACD indicator, a golden cross has formed, and the RSI6 has entered the overbought zone, indicating a possible correction ahead. The teacher here suggests reducing positions going forward. Furthermore, from the four-hour level, the Bollinger Bands show a wide upward opening, and the MACD indicator has more green bars, indicating that the bulls have suppressed the bears. Currently, we can look for long positions; if there are signs of a downturn, we can switch to short positions, ensuring to get the right entry points. Right now, we are bullish.
Buy Bitcoin at 116400-116100, target 118000; Buy Ether at 4260-4230, target 4380. #ETH巨鲸增持#