Bitcoin and Ethereum Afternoon Trading Suggestions and Future Trend Analysis: 12/17


As predicted, the market has entered a downward channel, and the signals indicating a shift in market sentiment are now clearly visible. Our early morning high-level entry strategy has once again accurately aligned with the market pulse. For partners who have already synchronized their positions, it is recommended to hold patiently and wait for the market to further decline and release more space.
From an hourly technical analysis perspective: Currently, the K-line is oscillating near the middle band of the Bollinger Bands, continuously testing the support strength of the middle band. The momentum of the market is steadily building; on the MACD indicator, the fast and slow lines are about to cross, and a dead cross pattern has emerged. This clear signal indicates that a full-scale trend reversal is imminent. In terms of operation, the Bitcoin long position can continue to be held confidently. The target for Bitcoin remains around 86,000-85,500, and for Ethereum, the target is 2880-2830.
BTC0.09%
ETH0.97%
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