December 17 Daily Summary and Early Morning Layout:
On Tuesday, the market was favorable for trading, and it wasn't just talk. Throughout the day, two strategies were repeatedly reminded: strong market trends, buy on dips, and sell high as a supplement. Successfully led Shipan to complete 4 trades, capturing a total of 7342 points of profit.
In the evening, driven by U.S. stocks, the market once again broke through to a new high, reaching the 108366 level, setting a new historical high. Based on recent patterns, every new high is usually followed by a pullback. The evening analysis clearly indicated to everyone that we should sell high and watch for a pullback, with a focus on the support level of 105000. If it doesn't break, then we can directly enter a long position, once again benefiting from the pullback. Immediately after that, we reversed to take profits, currently providing over 2000 points of space, continuing to hold with a strong upward outlook, a very manageable rhythm. Did everyone manage to profit this time?
From the current market perspective,
Analyzing the current market, the overall structure is also operating within an upward channel. The strong rise in the market has shattered the bearish dreams of countless people. The consecutive daily bullish candles vividly reflect the strength of the bulls. Additionally, effective daily support has formed at 105000. Presently, the overall market trend is clearly upward, with price continuously breaking new highs, and lower support levels also being raised. A slight pullback after breaking new highs will not affect the overall trend; the strong structure remains unchanged, and we continue to maintain a buy-on-dips strategy. On the four-hour chart, prices remain at high levels, with not much pullback, and the rise is also at high levels. After breaking new highs, the bullish performance shows some correction, but the correction force is far less than the stretching force. Pullbacks are still viable for buying.
Early Morning Operation Suggestions
Bitcoin: 106500-106000 Buy Target focus on 108500
Ethereum: 3920-3900 Buy Target focus on 4050
Making money isn't hard; the difficulty lies in following a responsible and fated guide. Whether the market rises sharply or falls, Zu Ping will publicly provide strategies. Just look at how many times Zu Ping trades to know if it works in real scenarios. If you find my analysis reasonable, feel free to leave a comment and like.