Analyst Liang Qiu: 12.20 Bitcoin/Ethereum Trend Weakens How to Seize Opportunities

Bitcoin/Ethereum has seen a significant overall decline in recent days, and the overall volatility is also high, requiring attention to short-term fluctuations. The strategy of increasing short positions suggested during the day led to Bitcoin reaching a peak of 98,300 before starting to decline again. The anticipated resistance at 98,500 matched expectations, and the space for Bitcoin short positions is relatively good. However, the Ethereum trend is too weak and did not provide a good entry point, which can be considered almost missed. The evening market dropped to a low of 92,000 and 3,100 before starting to rebound. In cases of large-scale daily continuous bearish trends like this, further rebounds will likely continue to decline, with resistance levels to watch at 96,000 and 3,340.

For evening operations, short-term retracement rebounds can be observed, with rebound long positions targeting around 95,500 and 3,300. After further increases, short positions can be entered. Bitcoin short positions can be entered around 95,400 to 96,000, aiming for around 93,000; Ethereum short positions can be entered around 3,300 to 3,340, targeting around 3,150. In fact, many friends who have continuously laid out positions recently have been able to see clear profits. The current market is mainly in waves, and the publication has practical effectiveness, with specific real-time guidance as the main focus. #币安Alpha项目公布