December 10th Midnight Bitcoin and Ethereum Trading Suggestions and Directions


The crypto market is like life, with ups and downs being the norm. Don't be greedy, don't be afraid, don't be lazy. Steady and persistent, the true winner is the one who laughs last. From the current chart, the 4-hour timeframe shows that in the evening, the price briefly reached around 93,200, indicating that upward pressure still exists and a continued correction phase may follow. Currently, with two consecutive down days, the price is correcting toward the mid-line, oscillating around 91,800. In the short term, there is still some support below; Bollinger Bands remain unchanged, still in an upward trend. On the 1-hour chart, Bollinger Bands are converging, short-term volatility is decreasing, and the three lines show signs of downward movement. In the short term, observe whether the lower band support can hold; a break below would open up space for further decline, while holding above the support zone would lead to oscillation around the support point. If the trend continues, then before the evening or early morning news is released, the suggested operation is to focus on long positions around the support, with a stop-loss at 91,500.
For Bitcoin above 91,500, consider long positions; target 93,500.
For Ethereum around 3,000, consider long positions; target 3,400.
ETH-3.4%
BTC-2.57%
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