Analyst Chen Shu: Bitcoin and Ethereum Market Strategy on December 14 - No. 1, Bullish Market Continues, Dip Buying
In the article analysis from December 13, a strategy was provided for Bitcoin at the long position of 9.9 and short position of 10.3, and for Ethereum at the long position of 3850 and short position of 4000. The market trend has generally aligned with the article's strategy, with slight differences in points. Currently, for short-term high-level consolidation, please see the analysis below.
From the daily chart of Bitcoin, yesterday closed with a small bullish candle, stabilizing above the MA5/10 moving averages. From the daily level, the market has returned to a bullish trend, with a high probability of breaking upwards. Continuously monitor the gains and losses of the daily MA/10-day moving average. On the 4-hour chart, the pullback strength is limited. The analysis from yesterday anticipated a pullback to the MA30/60 moving averages, which is around the 9.9 level, but it has not reached that low. Currently, the 4-hour chart is running above the MA5/10 moving averages. If it breaks and stabilizes above 10.2, the possibility of testing the previous high of 10.4 will be greater. Overall, maintain a dip-buying approach.
From the daily chart of Ethereum, the price has also risen above the MA5/10 moving averages. Although there have been two consecutive days with upper shadows on the daily candles, approaching the 4000 USD mark, the short-term pressure has not been able to assist in breaking through 4000 USD. Pay attention to whether there will be opportunities for a follow-up rally. On the 4-hour chart, the short-term rebound at the 3960 level has encountered resistance, with support at the 3900 level.
Afternoon Trading Thoughts (Written at 14:30):
BTC: Light long positions near 10.08/9.95, target 10.2/10.3; light short positions above 10.3, target 1-2000 points.
ETH: Light long positions near 3905/3850, target 3950/4000; consider short positions above 4000 for short-term trades.
Medium to Long-term Trend: Bitcoin continues to maintain a bullish market. Short-term pullbacks are opportunities to go long, and there are no signals of a top yet, so the bullish outlook remains unchanged. Ethereum, following Bitcoin's bullish trend, can expect a follow-up rally, and whether it can break and stabilize above 4000 USD remains to be seen.
Daily analysis strategy has a very high win rate! Analysis is not easy, so I hope everyone can give a free follow, save, like, and comment. Thank you all, and feel free to leave comments below; I will reply to each one!
For real-time market strategy discussions and inquiries about market issues, you can follow me, the top-ranked personal KOL in the original (Coin World), providing free guidance and answering trading questions. Welcome everyone to communicate and exchange ideas!
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
