Early Morning Market Update: Bitcoin has attempted to break through 114,000 three times today but has faced strong resistance and retreated. The bullish momentum on the four-hour chart is shrinking, and the KDJ indicator has formed a dead cross! However, the two major support levels during the night have not been broken, allowing bulls to rely on key support to look for counterattack opportunities. If these levels are breached, the trend will turn bearish, so it is crucial to strictly set stop-losses and avoid holding positions!
Trading Advice:
Bitcoin: Buy in batches in the range of 112,000-111,600, with a target of 113,800; if it breaks through, look for 115,000!
Ethereum: Buy around 4,200-4,180, with a target of 4,350; if it stabilizes above, look for 4,480!