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From a technical analysis perspective, BTC has been operating within the trading range between the upper resistance of 106500 and the lower support of 101000 on the daily chart. Ether is in the range of 3600-3300. After the trading range consolidation is complete, a new direction will be chosen. Before the direction can be determined, one can opt for buy low, sell high. If it breaks out, just follow the trend and enter the market accordingly, which has been clearly explained earlier!



On the 4-hour chart, BTC is showing a gradual upward trend after testing the bottom for the third time. 102500 can be seen as the support level for the upward trend. If it breaks below this level, it will continue to decline; if it breaks above, pay attention to the bulls trying to test the top! Ether is dividing the trading range at the 3350-3400 level, with the upper range at 3600-3650 and the lower range at 3250-3200!

In summary, this evening you can try to place long positions in BTC in the range of 102000-12500, with a target of 104000-105000. For Ether, consider placing long positions around 3400, with a target of 3500-3600. Conversely, you can try to place short positions at the top, looking back at 101000 and around 3400!
The strategy is time-sensitive, please refer to the information on the homepage, and rely on private real-time guidance! #CoinDesk11月报告Gate战绩来袭
BTC-1.13%
ETH-0.37%
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