Morning Analysis

From the MACD indicator, DIF is -375.42, DEA is 311.70, and MACD value is -1374.24, indicating strong bearish momentum.

The market has started a rapid downward trend since early yesterday morning. From the 4-hour chart, it has already plummeted nearly 4000 points since early this morning, which has certainly given the bears a feast.

However, this wave of decline is not yet complete. The 4-hour chart is gradually forming a reverse V shape. Whether it can break through 100000 today, we shall wait and see.

Operation Suggestions:

Bitcoin 103700-104000 range, target 102700, stop loss 104200

Ethereum 2505-2520 range, target 2460, stop loss 2525

This is just a personal opinion #币圈现状