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Suggestions and direction for Bitcoin and Ethereum operations shared on the morning of December 24.
The persimmon market treats every participant equally. The key to gaining points does not lie in differences in talent, but in the accuracy of strategy and on-site execution. Those who plan in advance and can respond to sudden changes in the market often hold the key to gaining points in each round. The market conditions during the day have once again completed a cycle, with Bitcoin dropping from the 90000 level in the early morning to a low of 86532 in the evening, a decline of nearly 3500 points, clearly showing a strong bearish trend. The second Bitcoin closely follows the market conditions of the first, with significant correlation, plunging from the strong level of 3070 in the early morning to a low of 2899 in the evening, a decline of nearly 170 points. This clearly shows a shift from weak to strong dynamics. Therefore, we have consistently emphasized the strategy of not being overly cautious since the beginning. Every time we hit our entry points, we have been actively engaging in the market. The first and second Bitcoins have collectively captured over 4675 points and 230 points of space, respectively. The market is heating up, and you need to act quickly to seize the opportunity! The two essential elements for precision are: stay close to Lao Zhao and manage positions carefully. Now it's time to enter the market, using strategy to turn volatility into points, and let positions increase along with market conditions.
The current persimmon market is in a state of slight rebound after a bottoming out. From a technical perspective, the indicators across various timeframes still show weak characteristics. Although there is a rebound in the short-term ratio, the momentum is lacking, and it has not effectively broken through the short-term pressure level of 88300. It is currently running within a short-term downward channel. The short-term operation recommendation is to continue with the evening strategy. For the short-term Bitcoin operation recommendation: Key resistance: the mid-line pressure level of 88300 serves as the short-term boundary for strength and weakness. If it rebounds and stabilizes above this level, you can position long orders accordingly. If it is blocked and falls back, then you can position short orders at a high, targeting 86000. For the second coin's simultaneous operation recommendation: The mid-line pressure level of 3000 is the focal point for short-term bullish and bearish contention. If the price fails to effectively break through and stabilize, you can also position short orders at a high, targeting 2850. (It is also important to note that the stop-loss for Bitcoin is set at the 88300 level, and for the second coin, it is set at the 3000 level. If it breaks through and stabilizes, you can position long orders accordingly.)