Evening analysis and layout on the night of 12.1
This morning's market crazily plunged, which gave us an opportunity to seize the evening's chance. Follow my thoughts to catch the next wave of opportunity.
Currently in a low position building a bottom phase, the technical indicators show that the price is close to a strong support level, accompanied by a hammer candlestick pattern and oversold state bullish resonance. However, the moving average system still shows a bearish arrangement, and the trading volume is extremely low, indicating that the overall market momentum is weak, and the rebound space may be limited. In terms of external environment, market sentiment is neutral, macro pressure is low, and there are no major event risks, making the overall environment's impact on price trends relatively balanced.
In summary, the market is in a neutral sideways pattern, and in the short term, prices may fluctuate around key support and resistance zones. The trading strategy should focus on range operations, paying attention to the effectiveness of support levels and the possibility of breaking through resistance levels.
Bitcoin: 87000, short near 87300, looking down to 85000
Ethereum: 2870, short near 2900, looking down to 2700#加密市场回调


