December 22nd BTC.ETH. Is it a rebound or a reversal?
This morning, I woke up feeling a bit unwell and went to the hospital for a check-up. Recently, staying up late in the crypto world has made it time to pay attention to my health.
Returning to the market, Christmas is approaching this week, and the global market during the Christmas season can be described as a "multi-front battle." On one side, the U.S. year-end economic data and changes in the Federal Reserve's personnel are causing anxiety in the financial circle, while on the other side, the precious metals market is going crazy with the favorable winds. Meanwhile, the negotiations between the big geese and the little crows are still playing out, each telling their own version of the "spy drama." With multiple variables intertwined, the year-end market is lively and exciting.
Last night, the current price around 88000 had a peak rise to around 89600, still over a thousand points. From the thoughts we provided last Friday, we noted that a pullback could aim for a target above 90,000. After the U.S. stock market opened, it slightly fell back to around 875 before starting to rise.
Currently, the price is above the short-term moving average and above the upper Bollinger Band, with a bullish engulfing pattern appearing, indicating a rebound in the short term.
BTC operation suggestion 87800-88200 long target 89900 breakthrough look at 90800-91800
ETH operation suggestion 2985-3000 long target 3077 breakthrough 3110-3145$BTC #巨鲸动向

