Cryptocurrency Circle Yuelin 12.30 Monday, Bitcoin, Ethereum Morning Strategy!
Good morning, cryptocurrency friends! I am your lucky goddess, Yuelin. A new week has begun, and after two days of fluctuations over the weekend, the price movement of Bitcoin began to pick up last night, reaching a maximum of around 95195 before facing resistance and quickly retreating, presenting a step-like decline at midnight. The lowest price retraced to around 93000. Ethereum reached a maximum of 3409 last night before quickly experiencing a pullback.
From the current short-term hourly chart, the price has rebounded after a retest of 93300, facing some pressure, but the short-term trend has not changed significantly, and it is expected that there is still potential for further upward movement in the short term. The overall trend has entered a fluctuation rhythm, so subsequent operations suggest taking high shorts and low longs. Pay attention to the resistance around the 95000-96000 area above, and the support around the 92000 line below. If the price breaks below 92000, it may test the risk at the 90000 mark, so friends should prepare in advance and manage the risks well. It is advised to adopt a high short and low long strategy in operations.
For Bitcoin, look to go long around the 93000-92500 area, targeting the 95000-96000 area.