Morning Strategy

Last night we accurately predicted the market, with Bitcoin rebounding 6000 points and Ethereum over 300 points. We cannot say the market has stabilized yet, we can only say there has been a pullback and rebound.

The news front is relatively calm.

In terms of technical trends, the daily K-line for Bitcoin shows signs of stabilization in the KDJ, but the MACD has not shown any signs of a bullish turn. The daily K-line has formed a positive T-shape but faces heavy resistance, and we will see if it can break through.

In the four-hour trend, the KDJ continues to golden cross upwards, and the MACD has already turned upwards. It is now above the 5-day moving average and is about to break through the 10-day moving average. Now we will see how the news and trading volume play out.

Ethereum's trend is quite similar to Bitcoin's.

For Bitcoin, we see resistance at 99000 and support at 96000.

For Ethereum, we see resistance at 3550 and support at 3440.