December 13th Early Morning Bitcoin and Ethereum Trading Suggestions and Directions


Yesterday afternoon, the long positions on BTC and ETH were maintained due to the white盘一直处于震荡慢涨形态修正, so I held them until midnight after the US market opened, leading to a pullback and downward correction. When reaching our suggested stop-loss levels, I decisively exited. Unfortunately, the position was small. Currently, BTC has once again returned to the fluctuation point from early yesterday morning. On the 4-hour chart, the sharp downward spike at midnight caught us off guard, but similar to previous patterns, it did not break below the lower band at 89,000 support. The market sentiment again aligns with the low point from the day before yesterday, indicating that this line provides stable support. After breaking the 90,000 level, BTC did not stay below it for long but instead rebounded and re-established above 90,000. The bullish rebound desire remains strong. Although short-term traders are pushing for a pullback, the support below still holds, preventing BTC from falling below support and offering bulls another opportunity to gather strength. After consecutive corrections, the technical indicator repairs and the gradual sedimentation of investor sentiment usually serve as fertile ground for a rebound. Therefore, as long as support is not broken, the early morning trend should still be viewed bullishly.
Buy near 89,500 for BTC, watch for 92,500
Buy near 30,50 for ETH, watch for 32,00
ETH-6.91%
BTC-3.16%
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