Cryptocurrency Circle Yuelin 12.23 Monday, Bitcoin, Ethereum Morning Strategy!
Dear cryptocurrency friends, good morning, I am your lucky goddess Yuelin. Last night, the price of Bitcoin fell again, touching the 94200 line in the early hours before stopping, yesterday provided a reference strategy of shorting at the 97000 line, giving nearly 2000 points of operational space, in the early morning, the rebound of the coin price was not strong, currently maintaining a fluctuating consolidation around the 95700 line, the shape still leans weak.
As for the current trend, after two days of fluctuating repair over the weekend, it has not changed the bearish shape, overall still in a downward trend, only the fluctuation space has shrunk, after the daily line has continuously closed in the red, the high points of the coin price continue to move downwards, with no obvious signs of stopping the decline, the adjustment has not yet ended. In the short term, the weak shape is even more obvious, showing a slow decline rhythm. During this time, although there are intermittent rebounds, it adds to the risk of further downward pressure. Without sufficient momentum to directly break through and recover, it will need to rely on secondary fluctuation space for support. On Monday morning, continue to focus on capturing the rebound actions and primarily lay out short positions!
Monday morning operational strategy:
BTC: Short around 96000, Target 92000-90000
ETH: Short around 3350, Target 3100-3000
The above ideas are just Yuelin's personal operational logic, not as an investment basis for anyone, for reference only. The market is changing rapidly, and specific operations should be based on the market conditions. Data is time-sensitive. If this article is helpful to you, following and liking would be your support and affirmation for me.