Sharing operational suggestions for Bitcoin and Ethereum on the early morning of December 21


On the 1-hour timeframe, after a rebound correction, the price precisely closed at a low level. It failed to break through the second-high resistance of the step ladder in the short term, confirming the continuation of the current weak market pattern—this rebound is only a technical correction, and must not be mistaken for a trend reversal signal! The current key resistance is focused above the upper band of the Bollinger Bands at around 88,800. You can directly rely on this resistance line to enter short positions, with the target directly aiming at the previous low area,
Bitcoin around 88,000 to 88,800 can be shorted, watch 86,500
Ethereum around 2,980 to 3,010 can be shorted, watch 2,900#BTC #ETH
ETH1.02%
BTC0.88%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned