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In today's morning session, it is the first rebound after yesterday's fall. Due to the first rebound, the momentum is insufficient, resulting in small candlesticks!
This rebound is slow and takes a long time, so while being patient with the rebound, we can imagine that if the weather changes from hot to cool relatively slowly over a long period, there will generally be a phenomenon of sudden weather changes in the following days!
So, whether this rebound on the market can be called the A point rebound and continue into the afternoon depends on the last performance of the lunch break! The interaction of all cycles (, especially the 1-hour and 4-hour ), will resonate together, and if so, the rebound will last into the next cycle and continue!
Ethereum is more positive and energetic compared to Bitcoin! I hope it can take a brief "rest" in a small range and continue to rebound in the afternoon!
Choose stocks with stronger momentum and more activity for short-term trading!
Once again, "buy on dips, sell on rallies!"