On the morning of Tuesday, December 24, the flying idea will begin,
On the 24th, Christmas Eve, the US stock market will be closed again, and the expected daily market fluctuations will not be large. Yesterday, the bearish market reached a low of 92,500 before stopping and rising. Currently, it has returned to the 94,800 area, and participants from yesterday have achieved significant gains. If the short-term support holds, one can first pay attention to the rebound action of the market, treating it with a low long strategy.
Morning analysis for December 24, Tuesday
At this stage, the overall rhythm of Bitcoin indicates that there are clear signs of repair and upward movement in the short-term level. The candlestick chart has successfully shown a five consecutive bullish trend, and the upward signs cannot be blocked. Additionally, the price has successfully broken through the middle track and stabilized above it. All indicators in the auxiliary chart show a clear bullish trend. Therefore, our operational strategy for Bitcoin in the morning is to follow the current rhythm and trade long!
Morning trading suggestions for December 24, Tuesday
Recommendation for Bitcoin: look long in the 94,000-93,500 area, targeting the 96,000 area, with a stop-loss space of 600 points.
Recommendation for Ethereum: look long in the 3,370-3,340 area, targeting the 3,450-3,500 area, with a stop-loss space of 30 points.