Good morning everyone, after the coin price quickly retraced to a low of 4463, it gradually stabilized after touching the lower support in the early hours of today, and the coin price has shown a slow oscillating upward trend. The current rebound is still continuing. Due to personal reasons, the rhythm of the recent live broadcasts has been delayed. After a few days of adjustment, I have also managed to get back on track. Starting this evening, we will regain our rhythm and fully provide timely ideas and directions for everyone in this week's market.


From the four-hour perspective of Ethereum, the coin price has rapidly dropped to the lower boundary after a series of bearish engulfing candles, testing the support below the lower boundary. The coin price formed a doji bearish candle, and currently, there is a slight rebound in the coin price at the four-hour level. The KDJ three-line indicator has converged to form a golden cross, indicating that there is further space and trend for the coin price to rebound in the future. In the short-term hourly chart, after testing the support at the lower boundary, the coin price shows a slow oscillating upward trend. From the Bollinger Bands' perspective, although the current major trend is still downward, there remains strong rebound demand at the short-term level. The MACD energy bars at the hourly level show that bullish momentum is continuously strengthening, and the coin price still has further rebound momentum. The current bullish outlook remains unchanged; the strategy should be to respond to any pullbacks with a buy approach.
Buy Bitcoin around 114700, focus on around 115700; buy Ethereum around 4480, focus on around 4580.
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ETH-7.17%
BTC-3.77%
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