Cryptocurrency Circle Yuelin 12.3 Tuesday, Bitcoin, Ethereum Evening Strategy!
Hello, friends in the cryptocurrency circle, good evening! I am your lucky goddess Yuelin. Currently, the market continues to show a strong downward trend, and up to now, the long position entered in the afternoon has incurred a loss of 1000 points! With the end of the year approaching, the rhythm of market washing is also very obvious. During the day, the market has been moving sideways, and it is indeed difficult to withstand the evening's volatility of two thousand points.
The cryptocurrency price has once again fallen below the lower bound of the four-hour line, and this downward trend has not provided much opportunity for the bulls to adjust. The candlestick chart has also formed a downward trend line as it retraces, but the market has still not broken through the support at the bottom. Neither side has clear signals, and looking at the current node, it is evident that the bulls are showing insufficient momentum. The bears are starting to counterattack, and the structure has already changed. Therefore, at this time, we must follow the market sentiment; it is against the trend to go against the market. If going long results in losses, then change the approach. Sticking to it will be very painful; if you can't win, then join them. In a strong rhythm, act decisively.
Tuesday Evening Operation Strategy:
BTC: 94600-94400 Short Target 93100-90000
ETH: 3570-3590 Short Target 3500-3450
The above ideas are just Yuelin's personal operating logic and should not be taken as investment advice for anyone. They are for reference only. The market is ever-changing, and specific operations should be based on the actual market. Data is time-sensitive. If this article helps you, following and liking it is a form of support and recognition for me. $BTC #Layer1公链普涨