Morning Trading Strategy

Last night, it was suggested to go long on Bitcoin (BTC) and Ethereum (ETH). In the actual market, Bitcoin had a small increase, while Ethereum showed a good rebound trend.

Currently, the market news is calm, with no major events affecting the market.

From a technical perspective, the KDJ and MACD indicators of Bitcoin's daily K-line are still moving downward, with no obvious reversal signals. During the Christmas period, the Bitcoin market is stable, showing slight fluctuations.

On the four-hour chart, the KDJ has golden crossed, but although the MACD has crossed, it lacks volume support, making the signal unstable, with the direction possibly changing at any time.

In summary, it is advisable to remain cautious; operations on Bitcoin and Ethereum should be prudent, and one should not enter the market lightly. There may be opportunities in the altcoin market, so it is appropriate to shift trading focus there.

For Bitcoin, the upper resistance level is $96,000, while the lower support level is $92,000; for Ethereum, the upper resistance is around $3,500, and the lower support is $3,350.

While trading, pay close attention to key price movements, as well as market volume and technical indicator signals for precise decision-making.

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