The price of the daily cryptocurrency has stopped falling and rebounded. The early morning strategy of going long at the current price perfectly aligns with market trends. The Bitcoin has rebounded by over three thousand points, with almost no retracement during the day! Ethereum has also rebounded by nearly 150 points! Friends who followed the strategy to buy the dip can take profits or move their stop loss to secure gains!

From the hourly perspective, the downward trend of the cryptocurrency price has not yet been broken, with the trendline resistance around 103,000. Currently, the J line of the KDJ is at a high position, and the resistance may slightly pull back for correction! The four-hour KDJ has turned upward from a low position and formed a golden cross, maintaining an overall bullish trend! There will be initial jobless claims data to be released in the evening, but interest rate cuts are undoubtedly positive for the crypto market. The drop in the early morning was mainly due to Powell's comments! Everyone should focus on the resistance around 103,000 in the evening operations! The evening strategy is primarily to go long on any pullbacks! Friends who haven't entered yet can consider entering in batches at 101,500, 101,000, and 100,500!!! For Ethereum, consider entering in batches at 3,650, 3,600, and 3,550!