12.20 First Section: In the early morning, Bitcoin plummete

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Bearish

12.20 First Section:​In the early morning, Bitcoin plummeted by 7000 points/400 points within the day.
The high-altitude approach in the early morning remains clear; Bitcoin at 101000/Ethereum at 3626, 98370/3474 exited, securing 2600 points/150 points, with an income of 56600 oil!

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领航者-富贵

Bearish

12.20 Early Morning Fortune Silk Road Analysis and Suggestions:

During the night, the coin price reached a peak of 102800 before sharply declining, perfectly validating the Silk Road provided during the night. It has once again fallen below the 100000 mark, providing another opportunity for those who followed along!

From a four-hour perspective, the price tested the area near 102800 during the day and faced downward pressure, currently operating near the significant 100000 mark again. In terms of pattern, the short-term outlook is undoubtedly bearish. Resistance is concentrated at 102800, support at 98500. If it retraces in the evening, aim to attempt a short-term long position before going short!

Operation Suggestions:
Bitcoin $BTC : Short around 102000-102500, targeting 98000
Ethereum $ETH : Short around 3650-3680, targeting 3530

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

96,697.49

-4.93%

ETH

3,323.46

-9.74%

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