Good morning everyone, I am Gu Yue. After taking profits yesterday, Bitcoin's market has once again declined. Ethereum's performance is weak with no rebound strength. After hitting the $1920 resistance, the market fell again, reaching a low of around $1830. Bitcoin dropped to the $80,000 mark, and after hitting the bottom this morning, the market rebounded again. Currently, Bitcoin is around $81,000 and Ethereum is at $1860. For now, the rebound trend is expected to continue. Bitcoin is focused on $84,000, while Ethereum is focused on $1,950.

Technical Analysis

The Bollinger Bands are gradually bottoming out and turning. The KDJ has formed a golden cross, and the MACD green energy bars are gradually shrinking. The DIF line is gradually crossing above the DEA line and is about to cross the 0 line, indicating that the rebound trend will gradually strengthen, and volatility will also gradually increase. Everyone should be prepared to enter long positions.

Trading Suggestions

Go long on Bitcoin around $81,000 with a target of $83,000-$84,000.

Go long on Ethereum around $1,850 with a target of $1,930-$1,950.

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 only represents personal views and is for reference only. It should not be used as a basis for actual operations. Market changes 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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