Ether has over 150 points in the medium term, be sure to take profits! 12.16 Bitcoin Auntie's market analysis and strategy

The long position idea given last night perfectly matched the market trend! Ether currently has over 150 points! Friends who followed should pay attention to taking profits or moving stop losses to protect profits! The Bitcoin retracement at midnight did not reach the ideal level and could not be executed! This morning's surge has once again reached a historical new high, peaking at 106652 before retracing!

From a technical perspective, the daily chart shows three consecutive bullish candles, the Bollinger Bands are opening upward, and the price has broken the upper band this morning, making a quick spike and then a sharp drop! The KDJ lines have crossed upward and are diverging, and the MACD has also shown signs of forming a bullish crossover as it turns up, but the volume has decreased significantly! From the daily perspective, bulls still have strength, so be cautious about selling!

Looking at the four-hour chart, the Bollinger Bands are widely open, and the price is running above the upper band. The KDJ is turning down from a high position, while the MACD double lines are diverging upward, with a significant increase in volume! Currently, the Bollinger Bands and KDJ on the four-hour chart need to correct, and it is expected that there will be a retracement or slight fluctuation to repair the indicators before pushing up again! Therefore, for today's operations, Conan suggests primarily focusing on long positions during retracements! Key resistance levels to watch are 106000, 106700, and 108000, with support levels at 103000, 102500, 101500, and 100500.

12.16 Bitcoin operation strategy: Aggressive traders should enter long around 103000, while conservative traders should enter between 102000-102500, with a stop loss near 101500. The target is around 104000-105000, with a breakout target of 105500-106000-106500. For strong breaks, hold and watch the situation!

12.16 Ether operation strategy: Aggressive traders should enter long around 3900, while conservative traders should enter around 3850, with a stop loss below 3800. The target is around 3950-4000, with a breakout target of 4050-4100, and for strong breaks, look for 4200-4300.

Ether has made small gains in the medium term; those who followed can continuously move stop losses to protect profits. Recently, Ether has lagged behind the market, but overall it is still in a bullish trend, so do not blindly sell off! Friends who find it hard to understand or do not perform well can recognize Conan's strategy, and we can push forward together, achieving success together! $BTC $ETH