7.1 Morning Strategy Analysis
This trend is fluctuating! Last night it fell first and then rose, a roller coaster market.
The four-hour analysis shows a key support level at 106300. Currently, it is running around the middle and lower Bollinger Bands. The KDJ indicator shows a death cross pointing downwards, and the Bollinger Bands are further narrowing, indicating a tug-of-war between bulls and bears. The morning strategy suggests a dip buying approach, with proper stop-loss measures to avoid being caught off guard.
Morning Trading Strategy
- Buy Bitcoin near 1063-106800, aiming for 108000. If it breaks, look further up at 109000.
- Buy Ether near 2410-2430, aiming for 2520. If it breaks, look further up at 2600.
