Morning Strategy

Last night we accurately predicted the market, with Bitcoin rebounding 6000 points and Ethereum over 300 points. It’s still too early to say the market has stabilized; we can only say it's a pullback and rebound.

The news front is relatively calm.

From a technical perspective, Bitcoin's daily K-line KDJ shows signs of stabilization, but the MACD has not yet shown signs of turning upward. The daily K-line formed a positive T-shape, but there are many pressures to overcome for a potential breakout.

In the four-hour trend, KDJ continues to golden cross upwards, and the MACD has already turned upwards. It is now above the 5-day moving average and is about to break through the 10-day moving average; now we just need to wait for news and trading volume.

Ethereum's trend is similar to Bitcoin's.

For Bitcoin, the upper level is seen at 99000 and the lower level at 96000.

For Ethereum, the upper level is seen at 3550 and the lower level at 3440.