🔥12.27 Saturday Bitcoin and Altcoin Morning Briefing



From the one-hour chart, Bitcoin's lows are rising, indicating a release of rebound momentum. Trading volume is picking up, and the short-term bulls are in the lead; it is approaching a key resistance level. A sustained increase in volume is needed to confirm a breakout.

Ethereum is moving in sync with Bitcoin, showing a relatively strong trend. The hourly chart structure is stable, with support at 2860-2890 and resistance at 2990-3050.

Trading Suggestions
Bitcoin: Buy near 86500-87000, target 89000-90000. Watch for a breakout above 88500-89000 with increased volume, then consider aiming for above 90000.
Ethereum: Enter long positions at 2860-2890, target 2990-3050. Reduce positions in stages at 3000-3050. Once a breakout is confirmed and stabilized, look for 3100+.
BTC-1,2%
ETH-1,11%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)