Morning Analysis

The current market is in a high-level consolidation phase on the 4-hour chart, with alternating bullish and bearish candlesticks, and no clear unilateral trend has formed yet. The price is overall operating above the middle band of the Bollinger Bands, and the KDJ indicator has been continuously rising after forming a golden cross, indicating that bullish strength is gradually accumulating, with a relatively dominant bullish atmosphere in the short term.
Observing the 1-hour timeframe, the price once broke above the upper Bollinger Band, but the long upper shadow indicates that there is still some selling pressure above. The Bollinger Bands have widened, and bullish momentum is gradually accumulating, but the upward space has not fully opened, and overall it remains primarily within a range-bound oscillation.
Operation Suggestions
Looking bullish around 87500-88000, target around 89500-90000.
Looking to go long near 2940-2970, target around 3140-3170 $BTC $ETH