Evening Strategy

Today, Bitcoin has been oscillating at a high level, which is good, but without support from trading volume, it isn't necessarily a good thing.

The news front is relatively calm.

However, the technical movements are quite interesting: Bitcoin's daily K-line MACD continues to cross upward, KDJ is turning upward, and the moving averages are also in a bullish arrangement going upward, but the trading volume hasn't expanded, indicating that this wave of rise won't last long.

In the four-hour chart, KDJ is turning upward, and MACD shows signs of turning downward. Although the moving averages are in a bullish arrangement upward now, the trading volume has increased, but the total volume hasn't changed.

I personally think that tonight may see a new high.

Ethereum's movement is similar to Bitcoin's.

For Bitcoin, the resistance above is at 110,000 and support below is at 106,500.

For Ethereum, the resistance above is at 4,100 and support below is at 3,950.