Based on the current market situation, the 1-hour chart shows that after a pullback near the upper band of the Bollinger Bands, it is trending downward. The short-term technical indicators remain in a slightly bearish zone. The short-term upper resistance at around 88,000 still faces strong pressure. Due to the Christmas holiday, the white market may not experience significant volatility. If it does not break above the resistance and stabilize, it will enter a narrow range consolidation and correction phase. Therefore, our midday trading strategy is to focus on high selling and low buying around the resistance level.


Bitcoin can fluctuate around 87,500 to 88,000, with attention to 86,500. Stop-loss is set above 88,000.
#Gate社区圣诞氛围感
View Original
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
  • 1
  • Repost
  • Share
Comment
0/400
BtcZhaoHuivip
· 9h ago
Merry Christmas, let's get bullish! 🐂
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)