The evening layout of Bitcoin/Ethereum long positions successfully secured space

Analyst Liang Qiu: 12.24 Bitcoin/Ethereum Early Morning Trading Strategy with Market Analysis

Bitcoin/Ethereum's evening market has once again declined, with Ethereum's overall drop being limited; however, Bitcoin has directly fallen over 3000 points. Today, we have continuously laid out a strategy of shorting first and then going long, capturing the downside, but currently, the long positions are in a losing state. The key support level to watch for Bitcoin is around 92000; if this support holds, the market will continue to rebound. Once it breaks, the trend will continue to weaken, and we will seek further support below. For Ethereum, we should focus on the 3230 level. The market has fluctuated within a range several times in the past few days; don't assume it will continue to drop before it breaks through.

The four-hour Bollinger Bands are in a contracted state, and there are no signs of breakdown. The market will still continue to rebound in the early morning. The hourly chart has shown multiple tests of this position and has already shown signs of stabilization. Those with long positions can continue to hold patiently. If the position is well arranged, you can add more to lower the average price.

For the early morning trading, Liang Qiu suggests entering long positions for Bitcoin at the current price of 92600 to 93000, targeting around 95000 to 96000; for Ethereum, entering long positions at the current price of 3240 to 3270, targeting around 3400, with strict stop-loss set at 91800 and 3210.

In fact, many friends who have continuously profited from the recent strategies can see this clearly. The current market is mainly in a wave pattern, and the post has practical effectiveness, with real-time guidance being the priority. #比特币市场波动观察