Morning Thoughts
From a technical structural analysis, the overall market is currently in a warming state, oscillating at high levels recently, forming several upward shadows. This indicates that the market direction is not clear, and the strength of bulls and bears is relatively balanced. Although there is a rebound effect, the overall trend remains downward, and this situation is unlikely to change in the short term.
From the KDJ indicator perspective, the hourly lines are opening upwards, suggesting that there will be an upward movement in the short term. However, there is sufficient pressure above, and the upward range is limited. When operating, it is necessary to closely monitor market dynamics, combine technical analysis and fundamental conditions, and make decisions cautiously. Given this point, we still maintain a bullish outlook.
Operational Suggestions
Buy Bitcoin around 80,000, target near 78,000
Buy Ethereum around 1,580, target near 1,500