Analyst Liang Qiu: Bitcoin/Ethereum fluctuated sideways at high levels on December 14, with analysis of operation strategies
Bitcoin/Ethereum has fluctuated sideways at high levels again after rising in the past two days, and the trend has been strengthened to a certain extent. The short orders that were arranged the day before yesterday also reached the target position and stopped profit during the decline the night before yesterday, which can be seen in the previous section. The market rose again in the morning, and Bitcoin directly broke through 102000 to around 1026660, but the upper 103000 was also the first time to break through 104600 and retreat to the position of pressure, especially when it rose close to the pressure and the new high, there was no need to chase more. Although Ethereum has also risen in the past two days, the overall trend is not particularly strong. After rising in the evening of the two days, it began to fall, but the market is still in a narrow range of fluctuations, with pressure on the upper side and support on the lower side.
There are certain signs of shock consolidation in the Bitcoin/Ethereum K-line pattern. Long lower and upper shadows appeared on the daily line, indicating that the market is fiercely contested between long and short sides. In terms of technical indicators, the current DIF and DEA of MACD are both positive and gradually rising. The MACD bar chart is red and expanding, indicating that the short-term upward trend is strengthening. The bullish trend remains as long as the support below is not broken, but it needs to face certain adjustments in the short term, not to mention that there is a certain room for repair in the weekend market.
In terms of operation, short orders are entered near 102500 to 103000 for Bitcoin, with a target of around 100000; short orders are entered near 3940 to 3970 for Ethereum, with a target of around 3870. At present, the market is mainly based on bands, and the publication is effective, with real-time guidance as the main focus. #币安LaunchpoolVANA
