December 9 Morning Thoughts
Good morning, students. The points given in the early morning thoughts were accurately validated. The Bitcoin daily chart shows two consecutive bearish candles, the Bollinger Bands are gradually closing upwards, and the MACD moving average continues to extend downward. The bearish volume is continuously being released, while the KDJ line is gently moving upwards. On the 4-hour timeframe, the Bollinger Bands have turned to a downward closing operation, but the price has rebounded above the middle band of the Bollinger Bands. At this point, the MACD moving average begins to turn upwards, bullish volume is gradually increasing, and the KDJ line also shows an upward trend. For Ethereum, the daily chart shows an alternating pattern of bullish and bearish candles, with a strong rebound force near 3840. The Bollinger Bands have opened up in an upward mode, the MACD moving average and KDJ line are both moving upwards simultaneously, and bullish volume is continuously expanding. The 4-hour timeframe also indicates that the Bollinger Bands are expanding, the MACD moving average is climbing upwards, bullish volume is in a state of expansion, and the KDJ line is also advancing upwards.
Bitcoin: 99800-100300 Buy Target 100900-101400
Ethereum: 3760-3800 Buy Target 3840-3880