#BTC #ETH

Time is the best alchemist; it allows compound interest to grow and lets impulses fade. Looking back five years from now, the fluctuations that keep you tossing and turning today are merely a small ripple on the curve. Last night, after the Bitcoin price peaked at 118856, it encountered resistance and fell back. As of this morning, the price dipped to a low of 116518, then stopped falling and rebounded. During the midnight period, Ethereum peaked at around 3826 but met resistance and fell back, with the morning's lowest point bouncing back to around 3680 for support. The current price is oscillating around 3740.

Overall, despite both DIF and DEA being in the negative range, indicating that the market is currently in a bearish trend, it is noteworthy that during the recent price decline, the green bars of the MACD indicator did not continue to expand and create new highs, which forms a potential bottom divergence with the price trend. This means that the bearish power in the market is gradually weakening, and bullish strength may be accumulating. If DIF crosses above DEA to form a golden cross, it will further confirm the initiation of a bullish trend. This morning's strategy can maintain a dip-buying approach.

Operation Suggestions

Buy Bitcoin around 116500, with an initial target of 119000.

Buy Ethereum around 3700, with an initial target of 3800.