12.31 Morning Share——Monthly Line, Yearly Line
On the last day of 2024, the line is about to close, but it has not yet changed the current downtrend, although volatility has intensified, completing a round of both long and short kills early in the morning.
1. Review of Yesterday's Strategy
ETH 3390 short-term take profit, BTC was stopped out at night.
Later in the evening, a new strategy was laid out during the live stream, which includes a short position for BTC in Chart 1 and a long position in Chart 2. Chart 3 shows that after the price recovered to 92000 in the group, a reminder was given to enter long again, perfectly taking profit and then entering a short position at 95000.
2. Today's Share
(1) BTC current price 92500. Last night, the daily line pierced the MA60 moving average, followed by a significant rebound to 95000, hindered by the 1-hour EMA moving average and dropped back again. Currently, liquidity is gradually returning, with both long and short positions battling, resulting in significant volatility. During the day, attention should be paid to whether it can recover to 93000 to change the short-term resistance, while 91500 still has some support below.
Day strategy share (not investment advice)
Long at 92000-91500, stop loss at 91000, take profit at 93000/94500
Short at 95300-95600, stop loss at 96000, take profit at 94000/93000
(Stop loss based on 4-hour breakout, strategy only has 1-time validity)
(2) ETH current price 3340. Responding to the market, it has made a rebound and pullback. Currently, the short-term price is still above 3300. For Ethereum, I still hope for a larger rebound; compared to Bitcoin, its ETF is in an inflow state. Pay attention to key levels below 3300/3250/3200, while 3450 becomes an important resistance above.
Day strategy share (not investment advice)
Long at 3250-3220, stop loss at 3200, take profit at 3300/3350
Short at 3430-3460, stop loss at 3480, take profit at 3390/3350
(Stop loss based on 4-hour breakout, strategy only has 1-time validity)
