Tuesday, December 31st Bitcoin and Ethereum Afternoon Operation Suggestions
Bitcoin has experienced a wave of both bullish and bearish actions last night, and the price has once again returned to the bottom. The 92000 support level we provided this morning has been validated, and currently, we have a 1000 point space on Bitcoin. In fact, making profits is that simple: pay attention, follow the advice, secure your profits, and just act!
The four-hour K-line has returned to the Fibonacci retracement level of 0.786 at the balance point of 94300. Whether the market can form a head and shoulders bottom still requires time to observe. For now, the horizontal range has been established. The MACD is starting to expand, and the DIF and DEA have formed a golden cross, indicating signs of a bullish trend. Therefore, for those choosing to go short above 95000, remember to set stop-loss orders; safety comes first. The Bollinger Bands continue to show a downward trend, with the upper resistance level at 95800.
Tuesday Afternoon Operation Suggestions
Bitcoin: Range around 93500-93000, target 91700
Ethereum: Range around 3400-3430, target 3380
The end of the year is approaching, and opportunities are limited. If you do not have a professional mentor providing you with real-time and accurate strategies, and if you want to grasp the good market trends like my Stone Plate buddies, then act quickly; the market does not wait for anyone!