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12.18 Thursday Bitcoin and Ethereum Evening Analysis
The market gradually climbed during the daytime session, rising slowly from around 85,800 points to approximately 87,400 points, showing an overall bullish trend with increasing upward momentum.
The previous trading day's K-line showed bullish growth with a positive candle, and support around 85,000 points remains crucial. The 4-hour timeframe's bullish momentum reached near the midline and faced resistance, forming a four consecutive positive candles pattern, gradually indicating an upward breakout trend.
On the hourly chart, bullish volume decreased, encountering resistance near the upper band, with some trends showing a bullish pattern. The evening trading strategy is recommended to adopt a long position, buying on dips during price pullbacks.
Bitcoin recommendation: 86,500-86,800 Target 88,500
Ethereum recommendation: 2,780-2,800 Target 2,980
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