12.3BTC/ETH Trading Strategy:
The daily candlestick of Bitcoin closed with a medium-sized bearish candle with upper and lower shadows, clearly facing resistance above. The market is leaning towards a volatile consolidation; therefore, it is not advisable to enter the market recklessly. There are opportunities to participate within the range, but avoid being overly ambitious, and take profits when available! The key resistance levels above to watch are 96800, 97200, and 98200, while the support levels below are 94500 and 93000. If it breaks below, we will target the 91500 level.
In terms of trading, we focus on short positions. Enter short near 97000 and 97500, with targets set at 96000, 94500, and 93000.
Ethereum's daily candlestick also closed with a medium-sized bearish candle with upper and lower shadows. It has faced pressure around 3750 for three consecutive days. The resistance levels above to monitor are 3680, 3720, and 3760, while the support levels below are 3580, 3530, and 3480.
For trading, we focus on short positions, entering short on rebounds at 3700 and 3750, with targets set at 3580, 3530, and 3480.