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Morning Analysis
From the 15-minute timeframe perspective, following a strong uptrend initiated from the low of 70605.1, the intraday high touched 72285.2, and currently trading near 72010.7.
Bollinger Bands indicator shows upper band resistance at 72066.7, middle band support at 71647.9, lower band support at 71229. After briefly piercing the upper band, a minor pullback occurred, with the overall trend remaining in a strong bullish zone.
Short-term bullish momentum is sufficient, maintaining levels above the middle band, with moving averages in bullish alignment and the uptrend remaining intact.
Trading Suggestions
Bitcoin: Long near 72300, target around 73500
Ethereum: Long near 2150, target around 2230