Evening Strategy:
Ethereum has just broken through 3500 points. The morning strategy also indicated that
Bitcoin has been oscillating around 98000 for four consecutive days. Everyone knows the saying that prolonged horizontal movement will lead to a drop; if it doesn't continue to break through, Bitcoin may fall back.
This timing depends on the orientation of retail investors; if retail investors remain bullish, it may drop slightly before rising again. If retail investors are bearish, it may rise first and then drop back. Everyone needs to pay attention at this time.
Bitcoin's daily K-line KDJ has formed a dead cross, and MACD continues to turn downwards forming a dead cross.
In the four-hour trend, MACD and KDJ are now continuing to turn downwards, indicating that Bitcoin still needs to fall back.
Ethereum's daily K-line KDJ is in a golden cross continuing upwards, and MACD is the same.
In the four-hour trend, MACD has just formed a golden cross, indicating that Ethereum may rise again tonight with increasing volume, so do not blindly short at this time.
Recently, altcoins have been performing quite well, so everyone should pay more attention to them.
For Bitcoin, the upper level is 100000 and the lower level is 95000.
For Ethereum, the upper level is 3600 and the lower level is 3400.
