Morning Strategy
Last night, we indicated that Bitcoin would rise first and then fall. Unexpectedly, it didn't rise much, but it did fall back into the range we predicted.
The news front has been relatively calm since around twelve, and it seems everyone is waiting for the results.
From a technical perspective, Bitcoin has been declining for six consecutive days, reaching a low of around 66800 last night. The KDJ is showing a dead cross downwards, and the MACD also indicates a dead cross, suggesting further decline. However, technical analysis indicates that the magnitude of this correction is limited.
In the four-hour trend, both KDJ and MACD have formed dead crosses, indicating further downward movement. The area around 66800 is not a recent low point.
Everyone should pay attention.
Ethereum's trend is similar to Bitcoin's.
For Bitcoin, the upper level is at 68320 and the lower level is at 66800.
For Ethereum, the upper level is at 2439 and the lower level is at 2358.