$BTC $ETH Midday Analysis: Published at 13:28 on December 11th
Last night Old Bao was again practicing Tai Chi somewhere. From the volatility observed last night, the positive signals had already been priced in, so our proposal of 3330 to buy northbound was precisely closed at 3445 for profit. All take-profit and stop-loss points here will be reviewed by Brother Rui. Learning to respect the market and conducting thorough review and reflection will make you stronger. For friends who choose to trust Brother Rui, it is recommended to learn more about his trading philosophy. We will occasionally provide course materials and benefit courses in the future. If you like the host, please follow and observe to see if subscribing is worthwhile! Thank you all for your support!
First, we see that Bitcoin's daily close is at around 91977. Overall volatility yesterday was less than that of Ethereum. Liquidity is getting worse. Ethereum attempted a second test at 94500, and in the next one or two days, a repeated push to this level should be cautious of a forced breakout toward 95800, continuing the bullish structure. Conversely, if a smaller timeframe breaks below 89000 on the daily chart, a significant retracement around 97300 and near previous lows is expected. In the next 1-2 days, watch out for a large pullback on the 4-hour chart. Currently, Bitcoin shows no signs of stopping its decline. Key resistance levels are at 92119-95211, and support levels are at 89273-86291. Trading suggestions include buying north around 88368, and selling south around 92119, with each position protected by double the risk.
Next, Ethereum's daily close is at around 3322. Recently, Ethereum's second-largest holder has been forcing the market alongside the largest holder, showing some strength. On the daily chart, focus on the key resistance at 3580. Support is at around 3100. If a small retracement confirms no break below this, the daily will continue to oscillate upward, maintaining a bullish structure. Once broken below, the target levels are 2958-2821. In the next 1-2 days, on the 4-hour chart, focus on the resistance between 3253-3406 and support at 3110-2980. Although Ethereum has not yet stabilized or shown signs of stopping its decline intraday, the hourly bullish structure remains intact. The subsequent trading approach should mainly be low buying. Trading suggestions include buying north around 3168-3115 with a double risk protection.
Note: The suggested position size is 1%. The analysis is time-sensitive; real-time guidance depends on the live broadcast. These are personal opinions and for reference only. Small position compound interest, good luck to everyone!
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$BTC $ETH Midday Analysis: Published at 13:28 on December 11th
Last night Old Bao was again practicing Tai Chi somewhere. From the volatility observed last night, the positive signals had already been priced in, so our proposal of 3330 to buy northbound was precisely closed at 3445 for profit. All take-profit and stop-loss points here will be reviewed by Brother Rui. Learning to respect the market and conducting thorough review and reflection will make you stronger. For friends who choose to trust Brother Rui, it is recommended to learn more about his trading philosophy. We will occasionally provide course materials and benefit courses in the future. If you like the host, please follow and observe to see if subscribing is worthwhile! Thank you all for your support!
First, we see that Bitcoin's daily close is at around 91977. Overall volatility yesterday was less than that of Ethereum. Liquidity is getting worse. Ethereum attempted a second test at 94500, and in the next one or two days, a repeated push to this level should be cautious of a forced breakout toward 95800, continuing the bullish structure. Conversely, if a smaller timeframe breaks below 89000 on the daily chart, a significant retracement around 97300 and near previous lows is expected. In the next 1-2 days, watch out for a large pullback on the 4-hour chart. Currently, Bitcoin shows no signs of stopping its decline. Key resistance levels are at 92119-95211, and support levels are at 89273-86291. Trading suggestions include buying north around 88368, and selling south around 92119, with each position protected by double the risk.
Next, Ethereum's daily close is at around 3322. Recently, Ethereum's second-largest holder has been forcing the market alongside the largest holder, showing some strength. On the daily chart, focus on the key resistance at 3580. Support is at around 3100. If a small retracement confirms no break below this, the daily will continue to oscillate upward, maintaining a bullish structure. Once broken below, the target levels are 2958-2821. In the next 1-2 days, on the 4-hour chart, focus on the resistance between 3253-3406 and support at 3110-2980. Although Ethereum has not yet stabilized or shown signs of stopping its decline intraday, the hourly bullish structure remains intact. The subsequent trading approach should mainly be low buying. Trading suggestions include buying north around 3168-3115 with a double risk protection.
Note: The suggested position size is 1%. The analysis is time-sensitive; real-time guidance depends on the live broadcast. These are personal opinions and for reference only. Small position compound interest, good luck to everyone!