12.27 Friday Good Morning Everyone
Bitcoin and Ethereum Market Analysis and Trading Strategy
In the overnight trading session, Bitcoin's price movement remained relatively stable, still within a range-bound pattern. From the current formation, after a surge and subsequent pullback, the rebound momentum is quite weak, showing a weak adjustment trend.
There is significant pressure above; however, the support below also shows strong resilience, and there has not been a further breakdown situation. In this scenario, Bitcoin is likely to continue maintaining a range-bound consolidation pace during the day.
It is worth noting that strong resistance is concentrated at the 100,000 mark, the short-term pressure area is between 97,000 - 98,000, with strong support at the 93,000 line, and short-term support at 95,000. Due to the current market lacking major bearish or bullish news influences, Bitcoin does not have conditions for significant price fluctuations at the moment. Therefore, it is relatively prudent for investors to treat the situation as range-bound for now.
In terms of trading strategy for Friday morning, if Bitcoin retraces to 95,000 without breaking below, a short-term long position can be taken with the expectation of a rebound to the 97,500 - 98,000 area. Upon reaching that area, if under pressure, one could consider entering a short position. Continuous attention should be paid to the two key levels of 95,000 and 93,000 below; if retracing does not break these levels, one can continue to operate in reverse.
For Ethereum, a short position can be opened when it rebounds to the 3,350 - 3,380 area, targeting around 3,200. If it stalls at this position, a short-term long position can be considered.
In summary, in the current market environment, investors should remain calm and cautious, strictly follow the established range strategy, closely monitor market dynamics, and flexibly adjust trading strategies to respond to potential market changes. #2025有哪些关键叙事？ #2025加密趋势预测 #“圣诞老人行情”再现 #比特币市场波动观察 #本周微策略是否继续增持BTC？
