Crypto Circle Yuelin 12.30 Monday, Bitcoin, Ethereum Morning Strategy!
Dear friends in the crypto circle, good morning, I am your lucky goddess Yuelin. A new week has begun, and the overnight Bitcoin market has experienced fluctuations over the weekend. Last night, the market also moved, with the highest price touching the 95195 line under pressure, leading to a rapid decline, and a step-down pattern was observed at midnight. The lowest price retraced to the 93000 low line. Ethereum last night also reached the highest point of 3409 under pressure and then quickly retraced.
Looking at the current short-term hourly chart, the market has bounced back after touching 93300, facing certain pressure. However, the short-term trend has not changed much, and it is expected that there is still a possibility of further upward movement in price. Overall, the trend has entered a fluctuating rhythm, so future operations are suggested to be high short and low long. Pay attention to the resistance above at the 95000-96000 area and the support below at the 92000 line. If the price breaks below the 92000 line, the market may test the 90000 level for risk, so friends should prepare in advance and manage the risk well. It is recommended to adopt a high short and low long strategy.
For Bitcoin, look for bullish positions around the 93000-92500 area, targeting the 95000-96000 area.
For Ethereum, synchronize with Bitcoin.