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Good morning everyone on May 7th, #ETH morning thoughts.
Looking back, Bitcoin rose after being around 94100, and is currently around 96700!
From the current 1-hour structure, Bitcoin is operating near the upper band of the Bollinger Bands, with KDJ trending upwards and MACD showing an increasing upward momentum.
Morning personal suggestions
The pancake rebounds to around 97000-97600, looking towards around 96100-95100!
The secondary rebound is back to around 1830-1840, just look towards the vicinity of 1800-1770!