12.21 Morning Strategy, the market has been in consolidation after reaching the bottom.
Yesterday, due to the impact of news, the market formed a V-shaped reversal pattern and then returned to consolidation. Today, entering the weekend market, volatility should be reduced further. In the posts over the past few days, it has been reminded that the market should remain in consolidation until the end of the year, but reaching a lower position is what the big investors are willing to see, as only at the bottom of the overall upward channel can it enable better upward movement next year. It is hoped that this period at the end of the year can better pave the way for next year.
Speaking of the short term, on the hourly chart, the price is above the mid-band, the Bollinger Bands are slowly extending upwards, MACD is showing continuous bullish volume, and RSI trading volume has declined. In the short term, the price may still decline slightly, with intra-day layouts focusing on rebound strategies.
For the second coin, it is similar to the first coin; the Bollinger Bands are overall expanding outward, MACD is showing continuous bullish volume, and there is still upward space in the short term, while KDJ is in a sideways state. Trading volume has increased.
Operation:
The first coin is around 979-985, with a target downward to 965-971.
Ethereum is around 351-355, with a target downward to 339-344. #加密市场回调 #萨尔瓦多增持BTC #比特币战略储备 #BTC #ETH