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ETH and Bitcoin at this position—the pullback is basically in place.
Although it dipped after previously touching the upper band, and there wasn’t much of a solid rebound in between, the bears’ momentum has nearly been used up. The support below has been tested several times; the upward channel hasn’t been broken, so the bigger direction is still up.
The hourly chart is almost a fast golden cross. Once the golden cross opens with volume, a pull is likely.
Tonight, do this:
· Bitcoin long around 77500, target 80000
· Ethereum long around 2310, target 2450
$BTC $ETH $SOL