Qin Feng's Thoughts in the Early Morning

Currently, the Bitcoin market shows bullish conditions during the early morning period. Technically, the price has stabilized and rebounded at a key support level on the 4-hour chart, with short-term moving averages turning upward. The MACD indicator has formed a golden cross, with increasing red bars indicating enhanced bullish momentum. At the same time, there are no significant negative news in the market, and considering the prior adjustments have been sufficient, it is expected that the upward trend may continue in the early morning, allowing for buying on dips.

Buy Bitcoin in the range of 112500-113000, with a target of around 113800-114500.

Buy Ethereum in the range of 4200-4250, with a target of around 4300-4350.#btc