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On the evening of December 22, Bitcoin and Ether operations and analysis.
During the daytime, the navigation trend showed a one-sided upward movement, with the persimmon market mainly dominated by the momentum of the doji. The big pancake Ether hit the bottom at 87845 / 2966 in the morning and then rebounded strongly, reaching a high of 89887 and 3055. Unfortunately, it failed to maintain the high position and slightly retreated to around 89700 and 3040. During the daytime, a total of 3 doji were deployed, among which the big pancake captured more than 2181 points of space, while the second pancake gained more than 63 points of space. In this one-sided trend, the navigation is still quite manageable!
From the four-hour level: The three lines of the Bollinger Bands are synchronously diverging upwards, with the opening gradually expanding. Qie Ge is closely following the upper band, and the overall sentiment in the market is dominated by the bullish trend, indicating that Qie Ge has a foundation for reaching higher levels. The MACD indicator shows the dual lines operating in a strong zone above the zero axis, with a continuous inflow of buying pressure and robust upward momentum, leading to a high bullish sentiment in the current market. On the other hand, this clearly illustrates that the current market is in a bullish situation; however, from the hourly chart perspective: the KDJ and RSI are currently in a severely overbought range, posing significant risks for a pullback.
Bitcoin 90000-90500 / Ether 3060-3090 has significant resistance above. During the white盘 period, Qia哥 has repeatedly attempted to break through but faced resistance. In this situation, it is advised not to blindly chase higher prices for evening operations. Instead, follow the high涳 strategy and execute a strategy of shorting on rallies!
The big pie can be traded in the range of 89500—90000, with a short-term target looking at 88500 - if it breaks through effectively, then look at around 87500.
The second pie can enter a range of 3030-3060, with a short-term target looking at 2980 - if it breaks through effectively, then look around 2940.
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