Evening Trading Suggestions for Monday, December 23
During the day, Bitcoin reached a low of 93600, and then it began to rebound, reaching a daily high of 96500. Currently, Bitcoin is fluctuating around 95800, and we will also maintain a low long position for the evening.
Evening Analysis for Monday, December 23
After the daily structure pulled back and reached the lower track, it stabilized. The afternoon's bearish trend did not continue to extend the lows, and the market briefly showed a recovery trend. The current daily structure is presenting a small bullish K form. Nearly half of yesterday's pullback has been recovered. However, neither the bulls nor bears have made substantial breakthroughs. In the evening, we can still focus on the pullback to long positions. At the same time, we can pay attention to the opening trend of the US stock market before participating.
Evening Trading Suggestions for Monday
For Bitcoin, we suggest going long in the 95500-95000 range, with a target looking at the 98000 range and defense based on personal position size.
For Ethereum, we suggest going long in the 3300 range, with a target looking at the 3400 range and defense based on personal position size.