Today's white plate market fluctuated slightly, and the afternoon trend continued to oscillate within a narrow range until the evening when a nearly thousand-point surge occurred. The main coin peaked at around 99200 and faced resistance, while Ethereum was under pressure near 3550. The long position we set up in the afternoon profited smoothly, with the main coin entering the long position at around 98097 and successfully gaining a profit of 1189 points when it rose to around 99286, while Ethereum also performed accordingly, capturing a profit of 54 points. In the evening, the market retraced to around 98000, but the bears failed to extend their momentum. Considering that the US stock market is closed today, the overall market trading volume decreased, and the oscillating trend remains, allowing for slightly bolder operations.
From the current market perspective, on the four-hour chart, the price rose after a peak and then retraced, with most candlesticks closing as doji, indicating a strong wait-and-see sentiment in the market, with low trading volume and a slight slowdown in the market. As the market corrects, the Bollinger Bands are gradually flattening, and the structure remains in the upward area of the Bollinger Bands, maintaining an effective oscillating consolidation pattern. In the evening, the market retraced to around 97700 but failed to continue downward, and the bearish forces did not dominate. We continue to maintain a bullish outlook.
Main coin long at 97800-97500, target around 99500
Ethereum long at 3460-3440, target around 3550 #“圣诞老人行情”再现 #币安Alpha公布第6批项目 #灰度提交Horizen信托文件