#BTC 12.21 Nighttime Bitcoin Ethereum Market Analysis and Trading Suggestions
Bitcoin is currently oscillating widely within the range of $84,500 to $90,000, and this high volatility presents both challenges and noteworthy structural opportunities. Recently, the market rhythm has been grasped with relative accuracy, and long positions have yielded good returns.
From a technical perspective, the daily price is still operating within the middle and lower bands of the Bollinger Bands. Currently, it is encountering certain resistance near the middle band and has not formed an effective and solid breakout, indicating that bullish strength still needs time to build up. In the short term, the market is expected to pull back to confirm support. The key support area is the $84,500-$85,000 range below. If the price falls back to this range and stabilizes, it may provide a good opportunity for a bullish setup.
Overall, the market is gradually brewing direction amidst fluctuations, and after a pullback and accumulation of strength, it is still expected to test upward again. The strength of support in key support zones is worth close attention, and patiently waiting for a stabilization signal may create favorable conditions for the next layout.
At night, you can go long on Bitcoin around 87500, targeting 89000. In the evening, you can go long on Ether around 2940, aiming for 3050#2025Gate年度账单 #成长值抽奖赢金条和精美周边 #ETH走势分析 .
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#BTC 12.21 Nighttime Bitcoin Ethereum Market Analysis and Trading Suggestions
Bitcoin is currently oscillating widely within the range of $84,500 to $90,000, and this high volatility presents both challenges and noteworthy structural opportunities. Recently, the market rhythm has been grasped with relative accuracy, and long positions have yielded good returns.
From a technical perspective, the daily price is still operating within the middle and lower bands of the Bollinger Bands. Currently, it is encountering certain resistance near the middle band and has not formed an effective and solid breakout, indicating that bullish strength still needs time to build up. In the short term, the market is expected to pull back to confirm support. The key support area is the $84,500-$85,000 range below. If the price falls back to this range and stabilizes, it may provide a good opportunity for a bullish setup.
Overall, the market is gradually brewing direction amidst fluctuations, and after a pullback and accumulation of strength, it is still expected to test upward again. The strength of support in key support zones is worth close attention, and patiently waiting for a stabilization signal may create favorable conditions for the next layout.
At night, you can go long on Bitcoin around 87500, targeting 89000.
In the evening, you can go long on Ether around 2940, aiming for 3050#2025Gate年度账单 #成长值抽奖赢金条和精美周边 #ETH走势分析 .