12.2 Bitcoin Aunt Evening Thoughts
The intraday short position strategy for Bitcoin Aunt perfectly aligns with market trends, and the suggested long position strategy is currently in a small profit state! Friends who followed should take profits! The medium-term short positions set last Friday have been closed, and those who followed can take profits!
Both the daily and four-hour charts lean towards bearish, with limited rebound strength. Friends who followed can take profits and wait for the U.S. stock market to open before choosing to enter! Currently, the hourly KDJ and MACD indicators have a demand for a rebound! However, the indicators on the four-hour and daily charts clearly show a bearish outlook! If the U.S. stock market opens low and continues to decline, we must consider that they will take profits! After all, the bullish momentum in the cryptocurrency prices has obviously slowed down towards the end of November, with a divergence rise of 3 knives in one month! This round of bullishness was mainly due to Trump's victory, which greatly boosted market confidence! Thus, a large amount of capital was injected!
We must also consider the bubble caused by the rapid bullishness! Therefore, the evening strategy suggests focusing on short positions! Key resistance levels to watch are 96800 and 98000, while support levels to monitor are 94700 and 93000.
For Ethereum, resistance levels to watch are 3680 and 3770, while support levels to monitor are 3570, 3530, and 3450.
12.2 Bitcoin evening and early morning operation strategy: Aggressive traders can enter short around 96500 during a rebound, while conservative traders can enter between 97000-97500, with a stop loss near 98300, targeting around 95000-94700. If the level breaks, hold and target around 94000-93500-93000.
If 94700 does not break, enter short; if it breaks strongly, abandon long positions, with a stop loss around 94000, targeting around 95500-96000.
12.2 Ethereum evening and early morning operation strategy: Aggressive traders can enter short around 3680 during a rebound, while conservative traders can enter between 3730-3760, with a stop loss above 3800, targeting around 3600-3570. If it breaks, target around 3530-3500-3450.
Try to go long around 3530, with a stop loss of 40 points, targeting around 3570-3600-3640.
Daily strategies are publicly shared; follow the strategies and manage your stop loss according to your position to control risks! Do not hold onto losing trades! Whether there will be a rate cut in December is still uncertain! Currently, the technical outlook is bearish, and be cautious with long positions! If you don't understand the market or can't pick the right entry points, you can follow Conan's strategies to charge together!