9.9 Morning Thoughts
Technical Analysis: The 4-hour chart shows a slowly ascending channel, with prices rebounding before hitting the bottom of the pullback, but struggling to hold at high levels, indicating that the bulls have support but lack strength, resulting in overall strong fluctuations. The 1-hour chart shows a pullback after a high, with bearish volume being released, and moving averages turning down, putting short-term pressure. Although there is support below, the overall pattern remains a wide range of fluctuations without a clear unilateral trend.
Bitcoin Trading Strategy: Pullback around 111000-110480, looking up at around 113000.
Ether Trading Strategy: Pullback around 4250-4210, looking up at around 4410.