1.1 Midday Bitcoin and Ethereum Trading Suggestions and Direction Sharing

From the current market situation, the 4-hour chart shows that after a late-night decline with consecutive bearish candles, the price found support around 87200 in the morning and started to gradually rise. Currently, it is fluctuating around 87800. The short-term lower and middle bands serve as support and resistance levels respectively. There is a good chance for Bitcoin to break through the middle band and reach the previous high. The middle and lower bands show signs of turning upward. On the 1-hour chart, after the morning, Bitcoin exhibited a pattern of two consecutive bullish candles followed by two bearish candles. The lows are no longer clearly decreasing, and the bearish momentum is gradually weakening. Although there is a correction trend, the momentum is insufficient. This aligns with the characteristics of a consolidation and correction phase. At this moment, the correction is diminishing, and the price is gradually trending upward, indicating that the short-term market rally will continue. Therefore, the midday trading suggestion from Lao Zhao is to mainly buy on dips.
Buy near 87800 to 87300 for Bitcoin, watch for 89000.
Buy near 2980 to 2950 for Ethereum, watch for 3050.