If Bitcoin can achieve a strong rebound from the 20-day moving average, it will increase the possibility of retesting historical highs;
If the price continues to decline and breaks below the 20-day EMA, it could fall to $90,000 or even lower.
The probability of Ethereum breaking its historical high has risen to 32%, and some people are optimistic about its subsequent trend, due to a significant increase in Ethereum's traffic, as well as a recent recovery in the NFT market, and the upcoming Ethereum staking ETF, all of which may drive its price up.
Today's strategy is to go long first and then short.
Current price for Bitcoin is 97,800, go long with a target of 99,000.
Current price for Ethereum is 3,695, go long with a target of 3,700.
Zhuochen has been reminding that the resistance zone of Bitcoin 98500 should not be broken to continue shorting, with the highest rebound at around 98300, Zhuochen here has not made any after-the-fact comments.
Zhuo Chen provided a strategy for the evening: short at 98100, drop to the 94500 line; Ethereum short at 3750, drop to the 3530 line!
The direction given by Zhuo Chen has a significant decline, with a large space, and the entry points for shorts were also at the highest points after the evening rebound, accurately arranged, #币安ME开盘 #微软比特币投资投票案 #加密市场回调 #市场回调抄底还是观望? #币安MOVE开盘
Recently, the continuous increase of Bitcoin over the past three days has been swallowed in one day. Currently, the rebound momentum is not very strong,
SOL: The current upward trend from the low point to the high point is not yet over, and we are still in the stage of the previous bullish pullback. We are currently in the key support area of 0.382, which is around the 197 level, where support strength has been effectively established.
Zhuo Chen believes that Bitcoin will not reach 100,000 dollars again within the year, and another bull market should only happen at 25. Currently, the daily resistance for BTC is around 98,000, and from the naked K chart on the 4-hour timeframe, it still appears strong, but from the MA indicator, it has already run out of steam. I believe the hourly chart will fill the gap. It is recommended to short Bitcoin at 97,700, buy back at 98,000, with a stop loss at 98,500 and a target of 93,500. If it breaks smoothly, you can reduce your holdings, and for the medium term, continue to hold and look down to #加密市场回调 #1210超57万人爆仓 #币安MOVE开盘 #MicroStrategy增持BTC #币安HODLer空投MOVE .
Zhuo Chen's thoughts on 12.10, the four-hour chart shows that the bulls are gradually strengthening. Although the recent consolidation has caused confusion, the overall trend remains positive. In terms of indicators, the MACD shows a top divergence, with decreasing volume,
DIF and DEA have not changed with high dispersion, and KDJ is also spreading downward, indicating a tug-of-war between bulls and bears. Therefore, we continue to insist on low-level short operations.
Tuesday early morning strategy: BTC: Short at the 98800 line, target 96000/95000 ETH: Short at the 3870 line, target: 3650-3500
Zhuochen's latest current price 4-hour K-line shows that the price is falling, the trading volume is increasing, and the selling pressure is increasing.
The MACD bar chart continues to be negative and gradually becomes longer, showing that the air force is strong, but the KDJ indicator has no obvious golden cross and dead cross
The current price of Bitcoin is 99200, short, and look down to 97000/95000/92000