Analysis and suggestions on Bitcoin (Bin) and Ethereum (Ether) operations at noon on December 11
Last night, my operation suggestion was to short Bitcoin when the price was around 98100, and Ethereum was recommended to short around 3750.
Subsequently, Bitcoin began to fall from the price of 98270, all the way down to 94200; Ethereum also fell to the price of 3514, which was only 14 points away from the target price we set before. Through this wave of operations, Bitcoin gained 4000 points of profit, and Ethereum also gained 260 points of profit.
As for this week, our core strategy is to take a wait-and-see attitude. According to the forecast, the market situation in December is likely to maintain a downward trend. Next, let us wait patiently for the subsequent development of the market. Once you find the right time to withdraw from a high position, you must take decisive action and withdraw in time to avoid falling into the dilemma of seemingly no obvious changes, but the losses are accumulating unknowingly. It will be difficult to get rid of it at that time!
The current operation suggestions are as follows: For Bitcoin, you can choose to short near 98500-98000, with the target price looking at 90000; for Ethereum, it is recommended to short near 3730-3700, with the target price set at 3450.
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