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December 18th midday Bitcoin and Ethereum trading suggestions and directional insights
From the current market situation, on the four-hour chart, the market shows a consolidation upward structure. The current rebound trend line remains intact, and the overall upward pattern has not changed. Although Bitcoin's upward momentum is slowing, it is still in a slow rise phase. Buying on dips remains a valid strategy for current trading operations. In the short term, Bitcoin experiences slight corrections and pullbacks, but these are normal adjustments within an upward trend. Each pullback is accumulating momentum for further upward movement and preparing for the next breakout. Once the correction ends, Bitcoin is expected to gather strength and initiate a new round of rebounds to recover lost ground.
For Bitcoin, consider buying near 86,500 to 86,000, watch for 87,500
For Ethereum, consider buying near 2,840 to 2,810, watch for 2,900#BTC #ETH