Morning Strategy

Last night, Bitcoin dipped to a low of 94404 and Ethereum to a low of 3557, which was within expectations.

The news front is relatively calm. In terms of technical trends, Bitcoin's daily K-line shows a KDJ death cross, and MACD continues to decline, with the 10-day moving average trending downwards. The 20-day moving average also shows signs of turning down. At this time, be cautious as Bitcoin could experience a significant drop at any moment.

The four-hour trend shows the moving averages converging downwards, creating pressure for upward movement. KDJ is currently choosing a direction, and MACD continues to decline, so it is not advisable to blindly go long at this time.

Ethereum's trend is similar to Bitcoin's.

For Bitcoin, the upper level is seen at 96500 and the lower level at 94000.

For Ethereum, the upper level is seen at 3700 and the lower level at 3500.