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December 18th Thursday Morning BTC/ETH Sharing
Currently, the four-hour chart shows that the market has entered a narrow fluctuation range again during the daytime. Although there was a strong rally in the evening, it quickly retraced to the original position, forming a situation where both bulls and bears are sweeping. Currently, the bears are dominant, with MACD below the zero line and forming a golden cross. The green volume bars continue to decrease, but the bearish trend remains relatively strong in the short term.
From a one-hour perspective, the Bollinger Bands are opening downward, and the lower space has been opened. The bears continue to increase in volume, and the market shows a continuous downward trend with consecutive red candles.
Bitcoin (BTC) trades in the 86,300-86,800 range, targeting around 84,000.
Ethereum (ETH) trades in the 2,840-2,860 range, targeting around 2,760.
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