Trader Xiá - Old Zheng's Monday Evening Thought Sharing
From the 4-hour candlestick chart, after experiencing a high position gap down, signs of a bottoming rebound are evident. The candlestick closed with a long lower shadow indicating strong buying support below and insufficient continuation of the bearish trend. The KDJ indicator's three lines are turning upwards, signaling that the bulls have begun to rebound and recover. In the afternoon, a slow rebound correction is expected, with oscillation moving upward; although the pace is slow, bullish momentum is gradually being released, indicating that it is not a weak performance.
Bitcoin around 110500-111000, target 113000
Ether around 4550-4520, target 4700