$BTC K lines are like an electrocardiogram, with ups and downs being very normal. Don't take temporary fluctuations too seriously; maintain a steady mindset, and don't get thrown off the ride, so you can wait for the day of financial freedom!
Looking back at early this morning, the overall price of the cryptocurrency showed an upward trend, with the price touching a low of 115500 before rebounding to around the high point of 117500, followed by a period of range-bound fluctuations. Currently, it is stabilizing around 117300. Ethereum mirrored Bitcoin's trend, reaching a low of 3780 before climbing to a high of 3880.
On the four-hour level, the current price is near the upper Bollinger Band, indicating that the market is at a relatively high level, with strong bullish momentum. The MACD indicator shows that the DIF line is above the DEA line, and the histogram is continuously growing above the zero axis, indicating that bullish forces are dominant, and the market is in a short-term upward trend. On the one-hour level, there is a clear upward trend in the short term, with bullish momentum prevailing, but the price is close to the upper Bollinger Band, indicating a possibility of an overbought correction. Our morning strategy can focus on shorting at high points.
Bitcoin: Short around 118000, target 115000
Ethereum: Short around 3930, target 3850