BTC: Bitcoin closed with a "middle-yin line" yesterday, showing obvious bearish sentiment. It is currently in a weak oscillation, indicating that the market is in a consolidation state in the short term. From the daily level, the important support area below is about 92,000. This point is a key defensive position for bulls, and it is expected that the possibility of breaking in the short term is small.
Overall, Bitcoin may continue to fluctuate in the short term. The release of institutional financial reports at the end of the year and the increase in risk aversion may continue the outflow effect of funds. It is recommended that players wait and see in the current market, and it is not advisable to buy the bottom too early, and wait for clearer trend signals to appear.
Long-term entry points in batches: 86500-86900 range; 72900-73300 range; Position allocation suggestions: long-term BTC accounts for 50% of the total position;
Bull market exit point: 2-3 times profit has been made, and one-third or half of the position above 101000 will be sold for profit, and part of the position will be sold again in the 105000-106000 range. The bottom position exit point of the remaining 20-30% position will be notified;
The information and data in this content are derived from publicly available information, and strive to be accurate and reliable, but no guarantee is made for the accuracy and completeness of the information. This content does not constitute investment advice. Invest at your own risk.
ETH: Ethereum closed with a "middle Yin line" yesterday, and once again pulled back to the 60-day moving average. It is currently in a weak adjustment, and ETF funds continue to net inflow. Wait patiently for adjustments. There is still a probability of a rebound in the future market. Pressure reference: around 3660; around 3720;