December 21 Morning Thoughts
Good morning, classmates. The Bitcoin daily chart shows a two-day downtrend, with the Bollinger Bands gradually closing upwards. The MACD moving average continues to extend downwards, and bearish volume is being released. The KDJ line is gradually moving upwards. However, on the 4-hour chart, the Bollinger Bands are closing downwards, but the price has rebounded above the middle line 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. In terms of Ethereum, the daily chart shows an alternating pattern of bullish and bearish candles, with strong bearish momentum breaking through new lows, approaching around 3100. The Bollinger Bands have opened upwards, and the MACD moving average along with the KDJ line are both moving upwards, with bullish volume continuing to expand. The 4-hour chart also shows the Bollinger Bands expanding, the MACD moving average climbing upwards, bullish volume in an expanding state, and the KDJ line also advancing upwards.
Bitcoin: 96300-97000 long Target 97600-98300
Ethereum: 3400-3440 long Target 3480-3520