Morning Strategy
Last night I advised to short Bitcoin and Ethereum, Bitcoin dropped to a low of 93588
Ethereum dropped to a low of 3550.
Last night's advice was not wrong. It depends on how you choose.
News: South Korea's largest opposition party: If Yoon Suk-yeol does not resign immediately, impeachment proceedings will be promoted.
Insiders say Trump has chosen Paul Atkins as the SEC chairman.
Technical trend: Bitcoin's daily K-line KDJ shows signs of turning upwards, but the MACD direction has not changed. However, the 5-day moving average and the 10-day moving average have started to decline, indicating that a pullback is coming. Whether the KDJ can change direction today depends on the four-hour trend.
In the four-hour trend, KDJ forms a golden cross upwards, and the MACD is about to form a golden cross, indicating a potential upward movement.
Ethereum's trend is similar to Bitcoin's.
For Bitcoin, the upper level is seen at 96500 and the lower level at 95000.
For Ethereum, the upper level is seen at 3700 and the lower level at 3500.