Xiang Li: December 8 Early Morning BTC and ETH Operation and Analysis
Brother Qie's downward channel has not been affected by this strong upward surge and remains intact. Moreover, the candlestick has already entered the overbought zone, which is even more evident on the hourly chart, and the candlestick has begun to turn downward. Most importantly, during this round of strong upward movement, although the price has risen, the trading volume has not increased accordingly. The lack of volume-price resonance can only indicate that this rise is not very reliable.
The outlook for the early morning
View OriginalBrother Qie's downward channel has not been affected by this strong upward surge and remains intact. Moreover, the candlestick has already entered the overbought zone, which is even more evident on the hourly chart, and the candlestick has begun to turn downward. Most importantly, during this round of strong upward movement, although the price has risen, the trading volume has not increased accordingly. The lack of volume-price resonance can only indicate that this rise is not very reliable.
The outlook for the early morning














