12.17 Midday Cryptocurrency Market BTC and ETH Trend Analysis

Last night, BTC surged rapidly, breaking through multiple resistances and reaching a high of 107777 in the evening.

On the four-hour technical chart, the Bollinger Bands have expanded significantly upwards, indicating a bullish trend; however, the KDJ indicator shows signs of fatigue, suggesting a potential weakening in the upward momentum in the short term. Overall, the trend remains bullish, with the next target at 110000.

For today’s strategy, BTC can be bought at 106300, with a stop loss set at 105500 and a target of 107500;

ETH can be bought at 3985, with a stop loss at 3945 and a target of 4045.

The market is volatile, and investments should be made cautiously. If you want to delve deeply into the cryptocurrency space but are struggling to find direction, and wish to quickly understand the information gap—whether regarding contracts or spot trading—you can 👉 learn more in my profile #比特币冲向11万？ #ETH再度冲击4K