Morning Strategy:
Last night, the Bitcoin once again tried to break through 100,000 but still did not succeed, and Ethereum maintained a fluctuating market. The situation may change this afternoon.
The news front is relatively calm.
In terms of technical trends, the daily KDJ for Bitcoin has formed a golden cross, MACD is turning upward, and the 5-day moving average and 30-day moving average are starting to turn upward as well.
In the four-hour trend, KDJ is turning upward, but MACD shows signs of turning downward. If there is a pullback today, the market structure will change; currently, the upward arrangement of moving averages is a good sign.
After two consecutive days without breaking 100,000, if it doesn't break tonight, there is a possibility of a pullback, so everyone should pay attention.
The trend for Ethereum is similar to that of Bitcoin.
For Bitcoin, the upper level is seen at above 100,000 and the lower level at 96,000.
For Ethereum, the upper level is seen at 3,600 and the lower level at 3,400.