12.23 Bitcoin and Ethereum market trend analysis and trading suggestions!

CN
允彦
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1 year ago

Trading Philosophy: Look for trends in the long term, find entry points in the short term;

Technical Analysis: For Bitcoin, the daily chart continues to close with a bearish candle, the Bollinger Bands are starting to run flat, the MACD moving average continues to trend downward, bearish volume continues to increase, and the KDJ line continues to trend downward. On the 4-hour chart, the Bollinger Bands continue to narrow down, the price is consistently running below the middle band, the MACD moving average is gently trending upward, bullish volume is slightly increasing, and the KDJ line is diverging downward;

For Ethereum, the daily chart continues to close with a bearish candle, the Bollinger Bands continue to open downward, the MACD moving average continues to trend downward, bearish volume continues to increase, and the KDJ line is trending downward. On the 4-hour chart, the Bollinger Bands continue to narrow down, the MACD moving average is gently trending upward, bullish volume is increasing, and the KDJ line is diverging downward;

In summary, since the Federal Reserve's interest rate announcement, the market has been in a downward trend, and the rebounds have been relatively weak. It is advisable to maintain a cautious approach and focus on short positions!

Operational Suggestions: Short at high levels!

Short Bitcoin in the 96500-97000 range, with a target of 95500-93000 and a stop loss at 98000;

Short Ethereum in the 3380-3410 range, with a target of 3300-3200 and a stop loss at 3450;

The strategy is time-sensitive, and specific guidance should be based on real-time private advice!

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