Morning Strategy

Last night I suggested that Bitcoin would rise first and then fall. I didn't expect that it wouldn't rise much but it did drop back to our predicted range.

The news front has been relatively calm; after twelve o'clock, there hasn't been much news, and it seems everyone is waiting for results.

In terms of technical trends, Bitcoin has continuously fallen for 6 days, dropping to around 66800 last night. Now the KDJ has formed a dead cross downward, and the MACD has also formed a dead cross, indicating further decline. However, based on technical trend analysis, the magnitude of this pullback is limited.

In the four-hour trend, KDJ and MACD have formed a dead cross, indicating further downward movement; 66800 is not the recent low point.

Everyone, please pay attention.

Ethereum's trend is similar to Bitcoin's.

Bitcoin's resistance is at 68320 and support is at 66800.

Ethereum's resistance is at 2439 and support is at 2358.