Precious metals soar across the board, while coin prices consolidate cautiously for a push! 12.29 Bitcoin Auntie's Strategy

During the Christmas holiday, gold, silver, and platinum prices all surged to record highs, continuing the historic rally of precious metals at the end of the year. On Friday, gold nearly reached $4,550 per ounce, with a total increase of over 70% this year. Silver's momentum was even more aggressive, breaking through integer thresholds and setting new records, peaking above $79 per ounce on Friday, with a single-day gain of over 10%. Platinum, palladium, and industrial metals like copper also hit stage or even historical highs driven by capital inflows. Over the weekend, coin prices fluctuated little, with slight oscillations indicating a vacuum battle. However, there’s a feeling of being unable to fall further.

The daily chart of Bitcoin Auntie’s strategy shows another small bullish candle with a slight doji, the Bollinger Bands are slightly narrowing, and the coin price is operating below the middle band. The KDJ indicator in the chart shows three lines at high levels with a bearish crossover and divergence downward, while the MACD lines are moving upward. The volume indicator remains relatively weak. Overall, the trend is still a tug-of-war between bulls and bears! No clear direction. Prices are neither rising nor falling significantly, so for now, trading within the range is advisable, and consider breaking out if support or resistance is broken!

12.29 Short-term Strategy:

Short one position on Bitcoin Auntie’s rebound between 89,000-89,500, conservative traders can enter at 90,000-90,500, with a stop around 91,500. Target around 88,000-87,500-87,000; if broken, target around 86,500-86,000. Continue to move stop-loss accordingly based on the situation!

Short one position on Ethereum rebound between 3000-3030, conservative traders can enter at 3060-3090, with a stop around 3130. Target around 2950-2900; if broken, target around 2870-2850. Continue to move stop-loss accordingly based on the situation!

12.29 Long-term Strategy:

Aggressive traders can buy on Bitcoin Auntie’s pullback to 86,500-86,800, conservative traders at 85,300-85,700, with a stop around 84,500. Targets around 87,500-88,000-88,500-89,000; if broken, target around 89,500-90,000.

On Ethereum, buy on pullback to 2860-2900, conservative traders at 2780-2820, with a stop around 2730. Targets around 2950-2980; if broken, target around 3000-3030.

The main reason prices are not rising is that the rally in precious metals is too strong, coupled with US stock accumulation. After international tensions ease, funds will flow in to push prices higher, so pay close attention to international developments and capital movements! #加密市场小幅回暖