Bitcoin and Ethereum long strategy to help you seize the 'Santa Claus rally'!
I’ve stayed up all night, and I can give you some solid advice. Looking at things now, the bulls are still in the lead. At around midnight, the price shot up to 99,580 and then dropped back down, stabilizing around 98,300. This winding path cannot stop the bulls' determination to push towards 100,000. The Asian market still looks bullish, so continue to go long!
From a technical perspective, the daily chart has seen several consecutive bullish days, and the bears are losing strength. If it really breaks 100,000, it may push even higher. But let’s not be too optimistic; we must always be wary of the market’s game of washing out positions. We adhere to the principle of 'no break, no stand'; when it's time to short, we won't hesitate.
The monthly and yearly charts are closing, so we must always be alert to the risks of this position washing. Be prepared for short-term and medium-term trades, and don't always guess how the market will move; follow your own strategy and manage your positions and risks well.
For Bitcoin, let's go long between 98,300 and 98,800, targeting 105,000. If it doesn't break, we’ll switch to short.
For Ethereum, the same applies: go long between 3,430 and 3,460, targeting 3,580. If it doesn’t break, we’ll switch to short as well.
The market is currently turbulent, and walking alone is lonely. Follow me for daily potential spot layouts and bull market strategy layouts.
