#以太坊行情解读 Tuesday morning market thoughts: $BTC and $ETH's rhythm
The drop last night was indeed quite fierce, and the long positions in the actual market could only stop loss and exit. However, looking at the subsequent performance, BTC has managed to hold its ground at the 88000 level. Although it is still hovering, overall it has not continued to drop further.
After breaking through 90500 on the daily chart, there was a pullback, but the strength of this pullback is gradually weakening – this is actually a relatively positive sign. The height of the downward spikes is getting lower and lower, and the bulls are gradually reclaiming lost ground. The current situation is that it is slowly moving upwards within a wide range of fluctuations, and there are no strong bearish signals visible in the short term.
From the market perspective, the position at 88000 has already moved quite sufficiently, and the space for a drop in the evening is basically limited. According to the rhythm, it is highly likely that the early session will continue this small step-like upward movement, and the short-term strategy is still centered around laying out long positions at low levels.
Specific operational ideas: - BTC: Look for longs in the range of 88500-88000, with a target towards 91000. - ETH: Enter long in the 2980-2960 range, resistance level at 3100
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.
10 Likes
Reward
10
5
Repost
Share
Comment
0/400
OnChainArchaeologist
· 12-22 23:34
Last night's wave was indeed fierce, and those who set stop losses were right. Since 88000 held, I am optimistic about the upcoming rhythm.
View OriginalReply0
MidnightSnapHunter
· 12-22 23:31
88000 really hit this hurdle, last night's drop was terrifying, but fortunately it didn't keep crashing.
View OriginalReply0
BearMarketSurvivor
· 12-22 23:31
88000 is enough to hold. Although the knife last night was deep, it didn't cut off the supply line— the key is that the pullback is weakening, which is the signal for long positions to counterattack. Moving up the small steps, I will lay out at 88500 according to the rhythm, with risk control and survival as the top priority.
View OriginalReply0
fork_in_the_road
· 12-22 23:14
88000 has held its ground, the intensity of this pullback is indeed weakening, and it feels like there are still opportunities for long positions.
View OriginalReply0
4am_degen
· 12-22 23:12
88000 just stop and there will be a show, I like the feeling of slowly climbing up the small steps.
#以太坊行情解读 Tuesday morning market thoughts: $BTC and $ETH's rhythm
The drop last night was indeed quite fierce, and the long positions in the actual market could only stop loss and exit. However, looking at the subsequent performance, BTC has managed to hold its ground at the 88000 level. Although it is still hovering, overall it has not continued to drop further.
After breaking through 90500 on the daily chart, there was a pullback, but the strength of this pullback is gradually weakening – this is actually a relatively positive sign. The height of the downward spikes is getting lower and lower, and the bulls are gradually reclaiming lost ground. The current situation is that it is slowly moving upwards within a wide range of fluctuations, and there are no strong bearish signals visible in the short term.
From the market perspective, the position at 88000 has already moved quite sufficiently, and the space for a drop in the evening is basically limited. According to the rhythm, it is highly likely that the early session will continue this small step-like upward movement, and the short-term strategy is still centered around laying out long positions at low levels.
Specific operational ideas:
- BTC: Look for longs in the range of 88500-88000, with a target towards 91000.
- ETH: Enter long in the 2980-2960 range, resistance level at 3100
Control risks and act according to plan.