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In the early morning, the market price continued to dip, reaching a low of around 100600 before stabilizing. It then began to enter a rebound phase, with the current price maintaining a fluctuating consolidation around 102800. Previously, we guided our students to timely establish long orders, successfully securing over k points in profit. This further verifies that only with adequate preparation can one accurately grasp profit opportunities.
From a technical analysis point of view, the four-hour candlestick chart shows that the price has closed three black candles in a row, not only falling below the lower band of the Bollinger bands, but the bears are strong, however, the fast and slow lines of the MACD indicator are always running above the 0 axis, which means that the bullish trend is still the main direction of the market. Looking at the one-hour chart, the overall upward trend is shown, and although there was a slight pullback during the period, the price rebounded quickly, indicating that the support below is relatively solid. At the same time, the KDJ indicator three lines gradually formed a golden cross upward divergence, on the whole, after a short-term shock adjustment, the market has not yet formed an obvious unilateral market, in the morning we recommend continuing to take a low long strategy, grasp the opportunity of the bullish rebound in the morning.
You can place long orders for Bitcoin in the range of 102000-102500, with a target near 104000; for Ethereum, you can go long in the range of 2440-2470, with a target around 2550. #MOODENG & PI & GOAT大涨