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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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This morning's Bitcoin trend analysis
Yesterday, Bitcoin experienced a slight rebound at the 101700 position before immediately turning to a downward trend. In the early hours, it dropped to a low near 103300 and then began to stabilize and rise, currently hovering around the 104600 area. From a technical perspective, the 1-hour K-line chart for Bitcoin shows that the price is moving from the lower Bollinger Band towards the middle band, with the KDJ three lines showing a diverging upward trend, and the MACD energy indicator starting to gradually contract. Although it is still in a downward channel in the medium to long term, a technical rebound is expected in the short term, so it is advisable to consider a low-position entry strategy.
Operation Reference
Bitcoin can be bought in the range of 104000-104300, with the target set in the range of 105500-106500.
Ethereum can be bought in the range of 2460-2490, with the target set in the range of 2550-2580.