12.19 Morning Bitcoin and Ethereum Trading Suggestions and Direction Sharing

It is not your ability that determines your destiny; rather, it is your decisions that change your destiny. Thinking is a problem, doing is the answer; standing still means you will always be a spectator. Looking back at the early morning Bitcoin and Ethereum market: After probing down to the 89447 line, it faced pressure and went down strongly to the 84405 line, with a drop of nearly 5000 points in the range. Ethereum also followed the Bitcoin trend, dropping from the high point of 2997 to the low point of 2772, with a drop of nearly 200 points in the range, showing a strong one-sided trend, forming a trend development of first rising then crashing, and after the evening trend settled down, entering the market layout with the trend, Old Zhao also achieved a good profit space.

Observing from the four-hour level, the market rapidly corrected to below the lower band of the Bollinger Bands after one strong bearish candle, and is currently fluctuating around the upper side of the lower band. The Bollinger Bands have slightly expanded, and short-term volatility has increased, suggesting that the trend will continue. The market is currently in a power accumulation process, with bullish momentum not decreasing but solidifying the bottom through a time-for-space approach. The short-term drop in Bitcoin is testing support below the lower band and showing effective support, which accumulates momentum for further upward movement during the day. Overall, after a continuous correction and probing low, the rebound is a reasonable phenomenon, so the morning trading suggestion is mainly to buy low.

Bitcoin can be bought around 85600 to 85000, focusing on 87000.

Ethereum can be bought around 2830 to 2800, focusing on 2900$BTC $ETH #比特币 #以太坊 .