🔥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+.
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🔥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+.