Cryptocurrency Circle Yuelin 12.18 Wednesday, Bitcoin, Ethereum Morning Strategy！

Dear cryptocurrency friends, good morning, I am your lucky goddess Yuelin. Yesterday, the price of Bitcoin continued to rise, touching the 108300 line before pulling back for adjustment. Overnight, the price dipped to around 105200 but has since halted. However, the rebound is not strong, currently operating around 105800. After the price surge, a lot of traders took profits, leading to a price drop, and the short-term trend is weak.

From the daily chart perspective, the K-line has closed positively for 4 consecutive days, showing a steady climbing trend. After the rise, it entered a sideways consolidation before breaking through again, continuously refreshing the high points, and the rhythm is very obvious. However, after yesterday's surge, there was a rapid pullback, and the trader rhythm has paused. In the short term, it may enter a consolidation phase. Currently, there is strong resistance at the 108000 line, and short-term support is around 105000. As long as it does not break this level, the trend structure will not change or reverse. In the short-term 4-hour chart, Bitcoin is currently in a phase of rising and then falling, just touching the support around 105000 before rebounding again. This level can be seen as short-term support; if it does not break, we won't discuss a deep correction. Although the strong rhythm has been interrupted, the trend remains unchanged. A pullback is an opportunity to enter. It is expected that there will still be an upward movement later, and in terms of operation, we focus on buying low. If it shows signs of pressure upon rising, we will consider shorting again.

​Wednesday Personal Operation Suggestions:

BTC: 105000-104500 buy Target 108000-107500

ETH: buy at 3830 Target 4000

Every day, Yuelin updates the market trend interpretation and operational ideas. The strong will remain strong. I wish all cryptocurrency friends stick to trading principles, stay away from emotional trading, and wish you a smooth and prosperous trading day today!