On the evening of December 17, Bitcoin and Ethereum trading suggestions and directional sharing

In the rapidly changing market conditions, the fluctuations in the market are like the tides, each rise and fall containing unique opportunities and challenges. The bullish sentiment in the afternoon has been validated again. We suggested entering a long position around 86200 for Bitcoin, and for Ethereum, we indicated to enter around 2910. Wait for a rebound to the vicinity of 87000/2950 to suggest exiting. Once again, we lead new friends to capture a small gain of over 800 points in Bitcoin, while Ethereum synchronously captured over 40 points. Recently, it has been relatively easy to grasp, so don't miss good opportunities due to hesitation. With the professional knowledge and rational judgment of Zhao, precise operations are conducted amidst fluctuations to reasonably control risks.

From the current market perspective, the 4-hour level shows that Bitcoin is currently in a low volatility consolidation phase, with slight signs of contraction in the Bollinger Bands. Currently, the 5-day and 10-day moving averages are converging near the 87000 level. The MACD red bars are weak but have not turned green, and the RSI remains stable around 55. The short-term bulls still dominate the main trend, but repeated rebounds show a lack of strength. Looking at the 1-hour level, after the rebound to around 87100, there is still resistance above, and it has entered the adjustment phase again. The Bollinger Bands are expanding, but the middle and lower bands continue to decline, showing a clear short-term adjustment trend. The MACD fast and slow lines are positioned below the zero axis and are turning downwards. The DIF has crossed downwards to form a death cross, with the pattern dominated by short selling. Therefore, tonight we first look at whether the short-term support at the 86000 level is effective, while adopting a high sell low buy strategy.

Long: Bitcoin can go long around 86500 to 86000, focus on 87500

Ethereum can go long around 2930 to 2900, focus on 3000

Short: Bitcoin can short around 87500 to 87000, focus on 86000

Ethereum can short around 3030 to 3000, focus on 2900$BTC $ETH #比特币 #以太坊