Wednesday morning, December 18th Bitcoin and Ethereum trading strategy

The price comparison also hit a new high on Tuesday evening, exceeding expectations, directly breaking through the 108,000 mark, and the continuous rise aligns with our recent bullish Silk Road. Early in the morning, we firmly seized the opportunity, achieving a gain of 1500 points. There was some intraday price pullback, and after retracing to around 106,000, we also completed another bullish trade setup, gaining over 900 points in the short term. Overall, the pullback space was not large, and the retracement provided us with good opportunities to enter long positions. Therefore, yesterday's overall pullback totaled over 3000 points, with Ethereum also capturing nearly 100 points of space. The recent market conditions are like this; we have not been solely following long positions, but rather the trend creates success, with the major trend being in a continuous upward phase.

The daily line rose sharply, bringing the price to a high and stabilizing, with the previous top evolving into the current bottom. The overall strong structure speaks for itself; the trend is still in a position to correct and continue reaching new highs. After consecutive bullish candles on the four-hour chart, there was a pullback for correction, but overall the correction was reflected in minor pullbacks, which are within a normal range. The downward retracement space was quickly recaptured by the bulls, and support continues to move up, while the upper pressure level is precarious and could be broken again at any moment. Overall, we will continue to focus on entering long positions on pullbacks as our Silk Road strategy.

In the morning, Bitcoin directly went long around the pullback of 105,500-105,000, targeting 107,500. Ethereum directly went long around 3,835-3,815, targeting 4,000. $BTC