On the evening of December 16, Bitcoin and Ethereum operation suggestions and direction sharing

In a volatile market, time is the answer. If you are confused and don't know the direction, you can take a look at Lao Zhao. The bullish thinking in the afternoon has perfectly paid off in the evening, and winning again is better than hesitating to act. Let's grasp the rhythm together and let the strategy guide you through the fog. In the afternoon, it was suggested to enter long positions near the 85880 line for Bitcoin, and when it stretches to the 86925 line, it was suggested to exit, gaining over 1000 points again. Currently, the Bitcoin price is still within an upward channel. Although there may be a short-term pullback, the possibility of a slow rise based on volatility is quite significant.

Observing from the four-hour cycle, after the price broke through a key resistance level with increased volume, it entered a mild pullback phase, forming a narrow range of high-level volatility with alternating bullish and bearish candlesticks, with limited and quick stabilization during the intraday pullback, highlighting strong buying support and relatively weak bearish pressure. This structure can be seen as a healthy consolidation in an upward trend, with the moving average system maintaining a bullish arrangement, and the upward channel remains intact. As trading volume gradually shrinks, market selling pressure is fully digested. It is expected that after the consolidation ends, Bitcoin will regain momentum. Overall, it still belongs to an upward space, so Lao Zhao's operation suggestion for the evening continues with the afternoon thinking, focusing on low long positions,

Bitcoin can be bought near 87000 to 86500, pay attention to 88500

Ethereum can be bought near 2950 to 2920, pay attention to 3050$BTC $ETH #比特币 #以太坊