Analyst Chen Shu: On December 22, Bitcoin and Ethereum perfectly entered long positions for profit, focusing on the breakthrough of resistance levels during the day.
Yesterday's analysis article suggested going long on Bitcoin at 8.76 and on Ethereum at 2950. The market dipped to the entry point perfectly, with the long positions achieving a maximum profit of 2000/100 points. The recent strategy's accuracy is quite high; congratulations to the friends who followed the operation.
From the daily chart of Bitcoin, it has maintained a consolidation around the 30-day moving average (MA30) for three consecutive days. We patiently await the breakthrough and stabilization at the key position of 8.95. A breakthrough upwards looks towards the line of 9.5, still maintaining the previous analysis article's idea that the price can break upwards. The short-term support level focuses on the 1-hour MA256 moving average at 8.85, and the short-term resistance level looks first at the 4-hour MA256 moving average at 9.1. It is advisable to wait for a pullback opportunity to enter long for greater safety, treating it with a slightly bullish trend.
From the daily chart of Ethereum, the daily line tested the MA30 moving average at the resistance level of 3030, and the thought remains in sync with Bitcoin. A breakthrough of 3030 looks towards the high point of 3260. The short-term support level first looks at 3000, while the short-term resistance level looks at 3060. The operational thought remains in sync with Bitcoin.
Afternoon operational thought (written at: 14:40):
BTC: Go long at 8.85, add more at pullback 8.78, target 8.95/9.1; consider short positions above 9.2/9.5.
ETH: Go long at 3000, add more at pullback 2950, target 3060/3150; consider short positions above 3150/3250.
Daily analysis strategy has a very high win rate! Analysis is not easy, and I hope everyone will click on a free follow, collect, like, and comment. Thank you all, and feel free to leave messages for discussion; I will reply to each one $BTC
