9.8 Morning Thoughts
Yuchuan's morning perspective remains bullish. The daily chart shows a long lower shadow candlestick, indicating strong support below, and the overall trend is still in a high position within an upward trend. On the 4-hour chart, the candlestick body has shrunk, and the market has entered a high-level consolidation; although the MACD indicator remains upward, the red bars have shortened, indicating a weakening of short-term upward momentum. Overall, despite a slowdown in short-term momentum, the daily MACD also shows a divergence between bulls and bears, but the overall structure still leans towards bullish.
Bitcoin trading strategy: Pullback near 110000-109480, looking up towards around 112580
Ethereum trading strategy: Pullback near 4250-4198, looking up towards around 4335
Yuchuan's morning perspective remains bullish. The daily chart shows a long lower shadow candlestick, indicating strong support below, and the overall trend is still in a high position within an upward trend. On the 4-hour chart, the candlestick body has shrunk, and the market has entered a high-level consolidation; although the MACD indicator remains upward, the red bars have shortened, indicating a weakening of short-term upward momentum. Overall, despite a slowdown in short-term momentum, the daily MACD also shows a divergence between bulls and bears, but the overall structure still leans towards bullish.
Bitcoin trading strategy: Pullback near 110000-109480, looking up towards around 112580
Ethereum trading strategy: Pullback near 4250-4198, looking up towards around 4335
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