Morning Analysis


The four-hour chart price remains above the key support, not moving downward in sync, Bollinger Bands are stabilizing, and the downside space is limited, with bearish momentum continuously weakening. The moving averages' downward trend is slowing, indicating a bottoming process.
The KDJ indicator is turning upward from a low position, about to form a golden cross, with bullish strength steadily accumulating, and rebound demand is relatively strong. The overall short-term trend is slightly bullish. Prioritize buying on dips, while being cautious of breakouts and preparing for defense.
Trading Suggestions
Buy long near 76,500-77,000 for Bitcoin, targeting around 78,500-79,000
Buy long near 2,080-2,100 for Ethereum, targeting around 2,180-2,200
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