$BTC $ETH A storm of plummeting prices is coming!!! Long traders should pay attention to risk avoidance!

Recently, Bitcoin has been on an upward trend. I want to say that before Christmas, don't easily open long positions. The fluctuations in Bitcoin have been very large these past two days, dropping over 10,000 USDT within 24 hours, but it's also incredible that it can rise 6,000 USDT in a single day. Many people in the entire market have been liquidated. Next, we can see that in the short term, trying to break away from this upward trend, every time after consolidating at 88,000, 92,000, and 93,000, it will rise again, but after creating a parallel peak around 98,000, it is very clear that there is a signal of insufficient strength! It looks like there has been a deep correction, dropping 12 points, while ETH dropped 23 points. This is not enough for the entire market. The support levels currently worth noting are 94,600, 92,300, and 89,600, with the upper resistance level at 100,000. I will choose to add positions here. The most likely strategy that could appear tonight is to lure in long positions before a drop.

Looking at the market in the last 10 days, Bitcoin is still very active. This is a very good sign; sideways movement is the most headache-inducing. But I still want to say, don't easily chase long positions. The day before yesterday, it dropped 10,000 USDT, and many people think there won’t be another deep correction, but can you withstand fluctuations of 5-8 points?

Next, let's talk about $ETH , which is very weak. It's so weak that I don't even want to comment. It has been dropping very smoothly. It is expected to rise later. After forming an AMD bearish pattern, it has started to become very weak. This afternoon, I opened a short position at 3,520, with the first target at 3,280, the second target at 3,100, and the third target at 2,800, with the upper resistance level at 3,670 for adding positions. For the next period, I still plan to focus on spot trading. I estimate that once it stabilizes in the next couple of days, it will be time to buy potential coins at the bottom. Previously, it took less than 10 days to flip the position. Before the New Year, let's bring in another wave for the brothers to flip positions and go home for a prosperous New Year. If you have ideas, feel free to come! Same name on Weibo! Jia Zhu Ye! #加密市场反弹 #比特币战略储备