#BTC上攻11万？
12.26 Thursday Bitcoin and Ethereum Afternoon Trading Suggestions✌️😎👈
Bitcoin Analysis:
Bitcoin (BTC) faced upward pressure around 99995 in the morning session, initiating a downward trend, falling to around 98500.
Under the pressure of the $100,000 resistance, BTC showed weakness and underwent a correction. We successfully captured this pullback based on market trends in the morning, with BTC achieving a profit of about 1100 points.
After Christmas, regardless of the market direction, whether bearish or bullish, there is significant room for trading; the key is whether one can accurately capture the entry timing.
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Opening Logic Reminder:
If you open a position solely based on instinct, such as directly going long on a 5-minute chart when seeing a 1-hour MACD divergence, without a clear stop loss and specific plan, such operations carry substantial risks.
The precise setting of entry signals and stop-loss levels is the key to successful trading; decisions cannot be made whimsically.
Four-Hour Chart Analysis:
From the four-hour chart, after Bitcoin's price was pressured at the upper Bollinger Band, it broke through the middle band and closed above it, breaking the previous strong upward trend relying on the middle band.
The current pullback is not a trend reversal but a correction of the previous rise, accumulating momentum for future upward movement.
Since the previous rise did not undergo effective correction, the strength of this pullback provides a good foundation for the future increase.
Therefore, maintain a bullish attitude toward the market, expecting a retest of higher prices.
Afternoon Trading Suggestions:
Bitcoin (BTC): Suggest looking for long positions in the range of 98400-98000, target price 100000.
Ethereum (ETH): Suggest looking for long positions in the range of 3440-3420, target price 3550.
Summary:
Although the market has experienced a pullback, it remains in an accumulation phase, with good upward potential in the future. When trading, one must accurately grasp the entry points in conjunction with market signals to avoid blindly following the trend.
