Morning strategy:

Last night's strategy suggested that the price of Bitcoin would drop to around 59,000, and the lowest price of Bitcoin would be 58,831. Our judgment was correct. It depends on whether you can grasp it. We grasped the high-end position last night.

News 1. In the past 4 hours, the entire network has exploded 102 million US dollars, mainly in long positions.

2. Let's talk about the interest rate cut.

The news is relatively calm recently, and there is nothing else except the interest rate cut.

From the technical trend, the daily K-line KDJ of Bitcoin has chosen the direction of a dead cross downward. And MACD is also expanding downward.

The four-hour trend KDJ forms a golden cross, and MACD also has a turning upward trend.

It means that there will be a short-term pull-up before noon.

I personally think that the rise of Bitcoin will not be too large, around 61,500

The trend of Ethereum is similar to Bitcoin.

The upper side of Bitcoin is 61,500 and the lower side is 59,000

The upper side of Ethereum is 2450 and the lower side is 2300