BTC Ether morning analysis

Ether has also been full of surprises, having once again broken through 4600. The bullish trend remains unstoppable. The levels previously provided by the teacher have also been confirmed again. I believe that after observing for many days, everyone knows in their hearts whether the levels given by Lao Cai are accurate and whether they can secure profits. This wave of market movement is significant. Those who see Lao Cai's posts can comment in the discussion area; Lao Cai wants to see how everyone is doing.
Looking at Ether on a four-hour level, the three consecutive bullish candles indicate that the upward momentum is becoming increasingly strong. The Bollinger Bands are also widening, and the middle line is trending upwards, with the price currently above the upper band and having exceeded it. From a technical analysis standpoint, Ether is still in an upward trend with strong momentum, and various indicators suggest that it is still on the rise. However, from the daily perspective, the RSI has started to flatten out, indicating that Ether is showing signs of a slowdown. Currently, it is in the overbought zone, and after a slowdown, a decline is inevitable. This serves as a warning for us to set stop-loss orders and be cautious about the pullback. The BTC trend remains relatively slow, with a four-hour pattern showing alternating bullish and bearish candles, indicating a tug-of-war between bulls and bears that is currently at a heated stalemate. From a technical perspective, BTC is in a correction phase. The correction does not provide us with an opportunity to short; rather, the upward movement after the correction is our opportunity. We will continue to maintain a low long strategy.
BTC 119800-12300 bearish, target around 118300; Ether 4620-4650 short, target around 4520. #BTC重返12万#