Wishing everyone a happy Winter Solstice, remember to eat dumplings today

On Sunday, these two days have been actively adjusting my state. Plus, it’s the weekend, a rare time to rest, so I haven’t been frequently updating my thoughts. Today is the 22nd, the last week of 2024, and I’m going all out, leaving no regrets, to end the year with a perfect conclusion!

Yesterday's overall rhythm first rose then fell, with the big pancake testing high below 99500 and facing pressure to correct. This wave is quite in line with our expectations. After the sharp drop last Friday, I suggested going long around 97000, targeting around 100000, including Ethereum's target of 3600, which is already very close.

Currently, it’s a rebound after an oversold condition. It seems like a rebound and warming up, but in reality, it’s hollow. The structure is still in a weak pattern, with a doji star closing low on the daily chart. Therefore, our strategy today is very clear: first short, then long, using the mid-track of 99500 as a watershed. Below the critical point, go short, and remember that short-term trades should not chase too deeply.

Bitcoin short in the 98000-97500 range, targeting 95500. If it doesn't break, then go long again.

Ethereum short in the 3410-3380 range, targeting 3250. If it doesn't break, then go long again.

If your operations are not ideal, you can walk with the light. It is redemption and rebirth. Lao Xiao, a pioneer who has stepped into the crypto circle for seven years, is dedicated to rescuing every suffering person trapped in the mire. Reach out, and I will pull you up! #PCE通胀降温 #PCE通胀降温 $BTC $ETH