📣 Bitcoin breaks new highs again, will Ethereum catch up in the future? 📉

There were no trading suggestions over the weekend as the trend fluctuated little, allowing everyone to spend time at home with their children and parents. Currently, Bitcoin has broken through new highs again and has retreated, and Ethereum's trend is also synchronous. Tonight's trading suggestion can follow the operations,

【Analysis of Ethereum Price Trend from Four-Hour Chart】

Candlestick Pattern:

Recently, the price has fluctuated around 3900, forming a small consolidation range. On December 15 and 16, there were longer upper shadows, indicating some selling pressure above.

Technical Indicators:

MACD: The current DIF and DEA are close to convergence, and the MACD histogram has turned from positive to negative, indicating that the bullish and bearish forces are relatively balanced in the short term, but there are signs of weakening.

RSI: The RSI value hovers around 50, not entering the overbought or oversold regions, indicating that the market is in a neutral state.

EMA: EMA7 (3916.76) is above the current price, EMA30 (3887.42) is slightly below the current price, and EMA120 (3737.19) is far below the current price, indicating a weak short-term trend, while the medium to long-term trend remains upward.

Trading Volume:

Recently, trading volume has increased, especially on December 15 and 16, indicating heightened market activity. After a volume increase and subsequent pullback, it shows that there is significant pressure above, and we need to pay attention to the changes in trading volume to determine the direction.

Ethereum Stable Profit Layout on the Evening of 12/16:

It is recommended to enter short positions around 3910-3900 for Ethereum, with target points: 3860-3830; if it breaks below 3800, it can continue to hold, conversely, exit long positions in time.

Recent layouts have continuously taken profits and exited over the past few days, confirming that they can be referenced in the publication. At the same time, many investing friends have reported that it was already late when they saw the article. For free guidance on implementing strategies, click on the avatar to follow the homepage introduction. I hope more people can learn to make money through me, see profit opportunities, and genuinely earn the desired returns! Let's dance with the big players together! #加密市场狂欢 #超级央行周 #比特币战略储备 #纳斯达克100指数宣布纳入微策略 $BTC $ETH $BNB