Morning Market Outlook


Early trading session shows oscillation and strength, after testing the 77450 level with a slight pullback, it rebounds again. Currently, it is consolidating within a narrow range near 77290.

Four-hour K-line level: Bollinger Bands are opening downward, MACD indicator continues to decline, bullish momentum is gradually shrinking, KDJ indicator is turning downward and diverging.
One-hour K-line level: Bollinger Bands are opening upward, MACD momentum is gradually weakening and declining, bearish volume continues to contract, KDJ indicator forms a death cross and moves downward.

Trading reference:
Bitcoin rebounds to the 77600-78100 range to short, targeting a return to 76500-75500.
Ethereum rebounds to the 2320-2350 range to short, targeting a return to 2270-2240.
BTC-1.24%
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