Morning Strategy

Last night, Bitcoin and Ethereum experienced some fluctuations, but the magnitude was not very large. However, Bitcoin has already broken through the predicted 98000 position.

Last night, the US stock market hit a new high, and now it's the cryptocurrency market's turn.

The news front is relatively calm.

The daily K-line for Bitcoin has formed a golden cross in the KDJ, and the MACD is also turning upwards. Additionally, the 5-day moving average continues to rise, indicating that this wave of market trend has not ended.

The four-hour trend shows that KDJ has formed a dead cross, and the MACD shows signs of turning downwards. A pullback is normal as long as a bottom forms and does not affect the daily K-line trend, it's not a big problem.

Ethereum's trend is similar to that of Bitcoin.

Bitcoin's upper resistance is at 99000 and lower support at 95500.

Ethereum's upper resistance is at 3645 and lower support at 3500.