Yue Ying: 12.19 Bitcoin and Ethereum Market Analysis Today, Spot Longs Are Profitable. How to Grasp the Monkey Market Trend?

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Bitcoin Technical Analysis————

In the previous article, Bitcoin's current spot long position has gained over 3000 dollars. The analysis is accurate. The daily chart shows that the previous K closed with an upper shadow hanging man, supported near the lower band. The market opened with a rebound during the day, Bollinger Bands slightly widened, short-term moving averages turned upward, MACD's fast and slow lines crossed without continuation, volume bars decreased, KDJ turned upward, and VR indicator is consolidating near 80. On the four-hour chart, after resistance during the early rebound, it plunged and temporarily broke the lower band, then formed three consecutive bullish candles and rebounded again. Bollinger Bands are flat, short-term moving averages show signs of turning upward, MACD's fast and slow lines extended upward with increasing volume, KDJ crossed upward, watch for resistance near 100, and VR indicator is consolidating near 120. Overall, recent market structure is a bouncing monkey market. When encountering such a trend, do not blindly chase highs or lows but look for support and resistance levels to intervene. In the short term, currently testing resistance levels, wait for a pullback to go long. Focus on support around 86,000 and consider short-term strategies.

Bitcoin Short-term Advice: Buy above 86,500 (activate strategy for profit, self-managed)

Yitai Technical Analysis————

Yitai's previous spot long position has gained over 100 dollars. The overall technical trend is linked to Bitcoin's reference. Currently, it is testing resistance at the previous high, which still exists. A pullback to support levels can be used to go long. Short-term advice.

Yitai Short-term Advice: Buy above 2878 (activate strategy for profit, self-managed)

—— I am Zhou Yueying, a teacher focused on technical analysis. If anyone has questions about operations or trends, feel free to communicate and learn with me! Let's share and profit together! #BTC #ETH