Morning Market Analysis and Trading Strategy
BTC/USDT
After a morning surge, it has entered a hourly-level correction, maintaining a healthy overall structure. The four-hour and daily charts are still in a bullish expansion phase. Key support to watch for a retracement is at 122,300; as long as it doesn't break, the bullish trend remains unchanged!
ETH/USDT
The trend is stronger than Bitcoin, currently operating near the upper band. Attention should be paid to the reduction in bullish momentum at the four-hour level, and beware of a technical correction. Key support below is at 4,700; as long as the previous low is not broken, the bullish trend remains the main line.
Trading Suggestions
- BTC: Buy near 121,300, target 123,000, stop loss 120,800.
- ETH: Buy near 4,700, target 4,830, stop loss 4,650.
(Risk Warning: Short-term volatility is increasing, it is recommended to trade with light positions and set stop losses!)
