Morning Market Review and Analysis

After the opening on the 14th, Bitcoin (BTC) did not continue the bearish trend from the 13th, rebounding after a dip to a low of 79903, and slightly retracing after reaching a high of 81651 in the morning.

Ethereum (ETH) also rebounded near the low of 1820, rising to a high of 1878 before facing resistance and pulling back.

On the daily chart, the US market showed a lower shadow, indicating strong bullish buying power at the bottom.

Recently, market liquidity has been poor, but the bottom has not further broken, and the market needs further consolidation; the K-line will clarify the subsequent direction only after consolidating at the bottom.

On the 4-hour chart, the market shows a fragmented bullish contraction, with prices breaking below the middle Bollinger Band, fluctuating between the middle and lower bands, and the Bollinger Band width narrowing, indicating that downward momentum is weakening and may be in a period of accumulation.

Trading suggestions: In the early session, consider going long at lower levels, then short at higher levels.

- Bitcoin: Go long in the 81000 - 81500 range, with a short-term target of 83000.

- Ethereum: Go long in the 1850 - 1870 range, with a short-term target of 1950.#美国2月PPI数据低于预期 #你看好哪一个山寨币ETF将通过？