December 16th Midnight Bitcoin and Ethereum Trading Suggestions and Direction Sharing

From the current market perspective, the 4-hour level shows that after two consecutive bullish candles, there is strong resistance above 87700, showing characteristics of a slow pullback. Currently, it is hovering around the 86400 line. The Bollinger Bands are opening downwards, with 86000 being an important support level below in the short term. The current trading is in an upward state around this support. At the 1-hour level, the market condition shows a slightly strong fluctuation feature. The Bollinger Bands are tightening, indicating a decrease in short-term volatility. In technical indicators, KDJ has formed a golden cross and is above 50, RSI is around 48.9, showing a neutral to slightly strong position, MACD has a golden cross below the zero axis but with weak momentum. Caution is needed for the risk of a pullback after a rise. Overall, it is still in a range-bound correction, so the short-term direction suggestion is to focus on high selling and low buying if the oscillation continues.

For Bitcoin, buy near 86500 to 86000, focus on 88500.

For Ethereum, buy near 2920 to 2890, focus on 3000.

If Bitcoin does not stabilize in the range of 88000 to 88500 and Ethereum does not stabilize in the range of 2970 to 3000, then consider entering the market with high leverage, $BTC $ETH #比特币 #以太坊