On the afternoon of December 17, trading suggestions and directional sharing for Bitcoin and Ethereum
From the current market perspective, the 4-hour level shows that after the early morning peak near 87900, it faced pressure and began to oscillate downwards. Currently, the market has been continuously moving down with consecutive bearish candles, without breaking key support. The Bollinger Bands are opening downwards, with all three lines continuing to decline, indicating a weak short-term trend. The MACD is below the zero axis; when the DIF crosses above the DEA, a golden cross is formed, and the bullish bars begin to expand, indicating short-term rebound signals. From the 1-hour level, the market is in a downtrend. The Bollinger Bands show signs of flattening, and short-term may enter a narrow range oscillation. Technical indicators are releasing oversold signals, indicating short-term rebound demands.
Technical indicatorsMACDindicate: Short-term bearish momentum is dominant, but the length of the histogram is narrowing, suggesting that selling pressure is weakening. Overall, the short-term effective support is at 86000, and the market has a rebound trend, so the afternoon trading suggestion is still to focus on going long above this support.
For Bitcoin, buy around 86500 to 86000, and pay attention to 87500.
For Ethereum, buy around 2930 to 2900, and pay attention to 3000$BTC $ETH #比特币 #以太坊 .
