1.9 Morning Thoughts

At present, the air situation has entered the correction stage again, which is more in line with the correction action after the big market. This also shows that the price ratio is building a new rising platform. It can be seen that the bulls are sufficient in both momentum and form.

From the K-line of the big cake at 1 o'clock, the price of the big cake coin directly hit the lowest point near 92,500 points last night. This period should have hit a lot of bulls, but then it began to rebound. Now the coin price has reached the 95,000 point line. The trend is expected to rebound. Now it has reached the middle track of the Bollinger band. After breaking through the middle track, it will continue to move upward. After the two lines of MACD hit the bottom, they began to cross and move upward. The trend is bullish, and the bullish momentum is gradually increasing. The three lines of KDJ are also moving straight upward, so considering the rebound in the later period , so the idea is still to focus on long positions. It is recommended to focus on long positions during the day.

Bitcoin: long positions around 93800-94300, up to 96500-97000

Ether: long positions around 3280-3300, up to 3370-3390

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