## Morning Thoughts



In the early morning session, the market was volatile and moved upward, touched the 77,450 area at the high, then pulled back slightly and rebounded. Currently, it’s trading in a narrow range around 77,290.

From the 4-hour K-line chart, the Bollinger Bands are opening downward; the MACD is gradually moving downward; the bullish momentum bars are shrinking; and the KDJ curve is gradually trending downward. From the 1-hour K-line chart, the Bollinger Bands are opening upward; the MACD histogram is gradually moving downward; the bearish momentum bars are shrinking; and the KDJ curve is gradually forming a death cross and moving downward.

### Operational Suggestions:
For the “Big Cake” around 77,600–78,100, #place your attention/watch# and look toward 76,500–75,500.
For “Ethereum” around 2,320–2,350, #place your attention/watch# and look toward 2,270–2,240.
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