Good morning everyone, I am Gu Yue. After taking profits yesterday, Bitcoin's price has fallen again. Ethereum's performance is weak and lacks rebound strength. After hitting the $1920 resistance, the price fell again, dropping to around $1830. Bitcoin dropped to the $80,000 mark and after hitting the bottom this morning, the price has rebounded again. Currently, Bitcoin is around $81,000 and Ethereum is at $1860. For now, the rebound trend is expected to continue. Bitcoin is focused on $84,000, while Ethereum is focused on $1,950.
Technical Analysis
The Bollinger Bands are gradually bottoming out and turning, KDJ has formed a golden cross, the MACD green energy bars are gradually shrinking, and the DIF line is gradually crossing above the DEA line and is about to cross 0. The rebound trend will gradually strengthen, and the volatility will also gradually increase. Everyone should be prepared for long positions.
Trading Suggestions
Go long on Bitcoin around $81,000 with a target of $83,000-$84,000.
Go long on Ethereum around $1,850 with a target of $1,930-$1,950.
There are many types of investments; it’s important to choose the one that suits you. There are many paths, and choosing the right leader is crucial. I am Gu Yue, interpreting global economic news, analyzing global investment trends, providing daily market analysis, and offering you the latest trading strategy ideas, professional investment consulting services, to help you reach the peak of wealth management. #比特币