On the afternoon of December 16, suggestions and directions for Bitcoin and Ethereum operations
From the current market perspective, the daily level shows that the ratio is still in a 5 consecutive down days phase, but the short-term low points below have confirmed support, with clear bottom reversal signals. At the 4-hour level, after a 4 consecutive down days adjustment, we welcome a two upward engulfing candle rebound. Currently, the upward trend is dominated by bullish candles, and the KDJ indicator is still at a low level with signs of upward divergence. Bullish momentum is gradually being released, and the current short-term momentum is in positive resonance with the ratio trend, significantly enhancing the certainty of the upward trend. At the hourly level, the technical aspect shows that the lower Bollinger Band is turning upward, confirming bottom stabilization. The MACD bearish volume bars are contracting, but the effective contraction of the Bollinger Band limits the downward space. Combined with the strong support from the previous consecutive down days bottom reversal pattern, sufficient momentum reserves have been completed for the subsequent rebound, with a strong desire to recover lost ground. Old Zhao suggests continuing the midday strategy with a focus on bullish positions in the afternoon,
Buy Bitcoin around 86000-86500, pay attention to 87500. For Ethereum, buy around 2950-2920, pay attention to 3050$BTC $ETH #比特币 #以太坊 .

