Shorts are becoming more evident, be cautious when bottom-fishing! Analysis of Bitcoin's strategy on 12.24
Yesterday's shorting strategy matched perfectly, and during the day, two waves of shorts could be deployed. At midnight, the coin price dipped to a low of 92468, and the short positions were highly successful! Ethereum was a bit strong yesterday, but it was easy to grasp the shorting points within 50 points! Bitcoin offered a long position at 93000, which could yield over a thousand points. How did everyone fare?
From a technical perspective, the daily chart shows three consecutive bearish candles, the Bollinger Bands are expanding, and the coin price is operating near the lower band. The middle band is also starting to decline, with KDJ and MACD showing a dead cross and diverging downwards. Daily indicators point to a bearish trend, but there are signs of a halt in the decline!
On the four-hour chart, the coin price is oscillating downwards, pressured by the middle band. After breaking the lower band in the early morning, it rebounded. KDJ's three lines turned upwards, forming a golden cross, while MACD's dual lines are basically in a state of convergence, indicating weakness!
Overall, the market shows bearish dominance, with only the daily closing indicating bullishness; for now, the technical indicators lean towards bearish! Therefore, for daily operations, Conan suggests focusing primarily on shorting at high positions! Pay attention to resistance levels at 96000, 97500, 99600, and 101000, and support levels at 93000, 92500, and 90700.
12.24 Bitcoin operation strategy: Aggressive traders should enter shorts in the rebound range of 95500-96000, while conservative traders should enter at 96500-97000, defending near 97500, aiming for targets around 95500-94000, and if broken, looking at around 93000-92500.
Long strategy: Try to go long near 93000, defending 600 points, with targets around 93500-94000-94500, holding based on the situation if broken!
12.24 Ethereum operation strategy: Aggressive traders should enter shorts near 3400 in the rebound, while conservative traders should enter near 3450, defending near 3500, with targets around 3300-3250, and if broken, looking at around 3200-3150.
Long strategy: Try to go long near 3250, defending 40 points, with targets around 3300-3350, and if broken, looking at around 3400.
Typically, before and after Christmas, there tends to be a selling-off trend, and the bullish market rally might need to wait for a series of favorable policies signed by Trump after he takes office. Everyone should avoid heavy positions and keep an eye on opportunities! In unclear trends, hold cash and wait! #圣诞行情分析 #比特币市场波动观察
