12.20 Morning Bitcoin and Ethereum Trading Suggestions and Direction Sharing

Don't let short-term fluctuations obscure your vision like a fog; don't let them disrupt our progress. Let us pierce through the chaos with the sword of professionalism and glimpse the dawn of trends; with steadfast belief, discard distractions and grasp the core logic of the market. After providing the morning thoughts, the Bitcoin price moved slightly from around 88200 to 88786 before hitting resistance and pulling back. We adhere to the strategy of entering the market at highs, with Bitcoin around 87500 indicating an entry point, and Ethereum again entering around 3010. Bitcoin captured over 400 points of space, while Ethereum continues to be held, because of professionalism, thus precision, short-term again taking a grain.

From the current market situation, the four-hour level shows that the Bitcoin price is currently dominated by a short-term downward trend. After a slight rebound on the candlestick, it immediately fell back again, now forming a series of bullish candles, indicating a rebound trend. However, the strength of the rebound is relatively weak, and it is clear that the bearish trend has strong continuity. In the short term, the bearish trend is likely to continue downward, breaking through the price level again. From the one-hour level, each rebound of the bearish trend brings momentum to the bears, so the downward trend after the morning remains unchanged, still optimistic about the bears continuing to explore the bottom after the rebound.

Bitcoin can be traded around 89200 to 89700, focus on 88000

Ethereum can be traded around 3020 to 3050, focus on 2950$BTC $ETH #比特币 #以太坊