$BTC Bitcoin hit a high of 124545 this morning before retreating to support near 121318. It has now rebounded slightly to around 121900, where it is currently consolidating. Ethereum has been fluctuating widely throughout the day, reaching a high of 4794 at noon before retreating to around 4740, where it is currently consolidating. Yunlu's early morning trading strategy suggests Bitcoin could gain over 1300 points of leverage, while Ethereum could gain over 70 points of leverage. Ethereum has found strong support at 4700. We can follow suit with a low-level strategy for the day. Bitcoin Recommendation: Buy around 121,200-121,500, targeting 123,500; if upward resistance is encountered, short, targeting 121,000.
Ether Recommendation: Buy around 4700-4720, targeting 4800-4850; if below 4700, turn short.
