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4.2 Thursday Early Morning Bitcoin and Ethereum Latest Ideas and Operations
Markets are always born out of despair, move forward in hesitation, and end in celebration. And you only need to be the one who remains calm amidst the noise.
From the current chart, on the four-hour timeframe, the MACD golden cross continues, the red histogram momentum is still present, and the histogram indicates that the rebound momentum has not yet exhausted. The RSI is in a neutral to slightly strong zone, with sufficient momentum. As long as the price does not break below, the upward trend will remain intact. On the one-hour timeframe, the MACD red histogram area and DIF peak are noticeably weaker than in the previous phase, and a top divergence signal still exists. Early morning, the old bulls will look for long positions at lower levels.
Thursday Early Morning Strategy:
Bitcoin: Buy around 67,700, target 68,700
Ethereum: Buy around 2,100, target 2,180