12-5 Bitcoin Market Analysis
Bitcoin has broken through the upward channel resistance, continuously reaching new highs. To prevent a pullback after the third wave of rise, it is advised to control risks due to significant market fluctuations.
Trading Suggestions:
1. Short near 108888, stop loss at 110000, target 103000.
2. Aggressive short near 105800, stop loss at 106800, target 103000.
3. Go long upon breaking 102800, stop loss at 101800, target 106000.
12-5 Ethereum Market Analysis
The overall trend for Ethereum remains bullish, consistently reaching new highs, with a high probability of sideways movement before choosing a direction during the day.
Trading Suggestions:
1. Short near 3970-4000, stop loss at 4010, targets 3900, 3830;
2. Short near 3880-3920, stop loss at 3930, targets 3830, 3780;
3. Go long near 3710-3740, stop loss at 3700, targets 3800, 3860;
4. Go long near 3630-3660, stop loss at 3625, targets 3700, 3760;
5. Go long near 3560-3580, stop loss at 3550, targets 3620, 3660;
【Investing involves risks, strategies are for reference only, and profits and losses are at your own risk.】