Today's Thought Analysis and Operational Suggestions
Yesterday, Bitcoin moved in a volatile upward trend to around 96500, and then retreated to around 92500 from the evening to early today, which aligns with our evening suggestions. The support level at 92500 is currently holding.
However, based on the daily and weekly charts, the market is still predominantly bearish. The daily MA lines are narrowing, and the MACD double lines are continuing to open downwards, indicating a retracement trend. On the 4-hour chart, the KDJ three lines are converging and showing a golden cross opening trend, while the MACD bearish energy bars have also converged above the 0 axis. Nevertheless, the MACD double lines are still operating below the 0 axis. When looking at the hourly chart, the MACD bearish energy bars are expected to completely rise above the 0 axis, and the KDJ also shows a golden cross opening. Based on the current trend, it is suggested to first take a short-term long position to capture a rebound space, and then connect to a high short operation.
Bitcoin Operational Suggestions:
Short-term long to the vicinity of 95800-96300, aiming for a downward target of 500-3500 points.
Ethereum Operational Suggestions:
In the short term, Ethereum should synchronize with Bitcoin's operations.
