Hello everyone, I am Gu Yue. Last night, the market experienced a decline, with Bitcoin falling below $95,000 and Ethereum dropping below $2,600, reaching a low of around $2,550. This morning, the market rebounded, and the current price of Bitcoin is $95,800, while Ethereum is at $2,600. A pullback here presents a buying opportunity.

Technical Analysis

Currently, the MACD green energy bars are gradually decreasing, the KDJ three lines have formed a golden cross, and the Bias is turning upwards, starting to gather. The moving averages are beginning to rise. Although there is resistance ahead, there is no lack of upward momentum. The lower Bollinger Band is starting to turn upwards, and the bottoming process is about to be completed, with the rebound strength gradually increasing.

Trading Suggestions

For Bitcoin, it is recommended to go long around $9.57, targeting $98,000.

For Ethereum, it is recommended to go long around $2,600, targeting $2,700.

There are many types of investments, and it is important to choose the one that suits you. There are many paths, and it is crucial to choose the right guide. I, Gu Yue, interpret global economic news, analyze global investment trends, and provide daily market analysis to offer you the latest trading strategy ideas and professional investment consulting services to help you reach the peak of financial management.

This article represents personal views only and is for reference only. It should not be used as a basis for actual operations. Market conditions are unpredictable, and profits and losses are at your own risk. For the latest trading strategies, follow the public account: Gu Yue KOL.

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