In today's morning session of Bitcoin and Ethereum trading, we should adopt a prudent and flexible strategy.
In the face of market volatility, it is important to recognize that the starting point of any upward trend often occurs after a low point. This is because, in the absence of a retreat, the market often finds the momentum to move forward.
From the 1-hour candlestick chart of Bitcoin at $BTC , Bitcoin prices continued to rise last night, reaching a high of 69400 points, but subsequently fell back. It was originally expected that there might be an attempt to break through 70000 points, but it has proven that 70000 points remains a strong resistance level. Currently, although the price has retreated, from the 1-hour candlestick chart, the overall trend of Bitcoin is still strong, and the pullback is limited. The MACD indicator shows that the two lines are rising straight, indicating a clear bullish trend, and bullish momentum continues to strengthen. The KDJ indicator also shows three lines oscillating upwards, but today's morning session's operational approach suggests focusing on shorting after a pullback.
Investors should remain calm while trading, flexibly adjust strategies based on the actual market trends, and closely monitor changes in technical indicators to make reasonable trading decisions. At the same time, attention should also be paid to risk management, ensuring that while pursuing profits, one can also protect their investments.