Morning Strategy

Last night I pointed out that Bitcoin would continue to rise, and indeed, Bitcoin reached a new high last night. This is the time to wait for the wind to come. Why do I say this? Because retail investors have not entered yet, so it can only rise further until retail investors have entered enough, and then it will start harvesting again.

The news front is relatively calm.

In terms of technical trends, Bitcoin's daily K-line KDJ shows signs of turning down, but MACD has just formed a golden cross, indicating that it still needs to rise or consolidate at this position.

In the four-hour trend, Bitcoin's KDJ has formed a death cross, and MACD shows signs of turning down, indicating a slight pullback is needed.

Ethereum's trend is similar to Bitcoin's.

Bitcoin resistance is seen at 107,000 and support at 104,500.

Ethereum resistance is seen at 4,100 and support at 3,950.