Article editing time December 22, 2023 12:37, all views do not constitute any investment advice! For learning and communication only

Confusion is thinking too highly of oneself, and entanglement is thinking too finely of oneself. Whether it's in a favorable or unfavorable situation, investment is always a struggle against endless difficulties, a battle of outnumbered opponents! There is no mountain that cannot be climbed to the top, only people who cannot find the way. There will always be a rough road, and there will always be moments of haze. Do not be resentful for past missed opportunities, and there is no need to lament over distant scenery.

Market Review:

Yesterday, I mentioned in the article to go long at 43200-43500, and the midnight coin price also successfully retraced to our entry point, resulting in our long position once again gaining nearly 700 points of space, and Ethereum also gained nearly 30 points. The trend of the big cake has been following our expected trend, and it is currently still in a box structure. It is close to reaching 44300 in the evening, which is just a step away from 45000. Whether it's long or short, seizing the opportunity is the beginning of making a profit. Without further ado, let's take a look at today's market situation.

Market Analysis:

Currently, looking at the market, on the four-hour chart, the coin price has tested the upper resistance level several times, but has failed to break through and instead retreated with a long upper shadow. However, from the market perspective, although there has been a retracement, the overall strength is not significant. After testing the support below, the bulls have launched a counterattack again, indicating that the overall structure is still dominated by the bulls. Furthermore, the resistance at the 44400 level has been tested multiple times without breakthrough, indicating significant resistance. Looking at the MACD, the bullish energy column continues to shrink, and the KDJ three lines are sticking together. However, on the daily chart, the bearish energy column of the MACD continues to shrink, and the KDJ three lines are diverging upwards, showing signs of a potential top on the daily chart. I personally suggest trying long positions on the intraday retracement. (For friends who are still confused in their operations, you may want to take a look at the strategy of Zhi Duoxing, which provides 24-hour real-time guidance. Due to the rapid market fluctuations, real-time layout is the main focus for the subsequent market trends. Coin friends who need contract guidance can scan the QR code at the bottom of the article to add my public account.)

Operational Suggestions:

BTC: Long near 43500-43800, target 44000-44600

ETH: Long near 2220-2230, target 2250-2280

Disclaimer

The market changes rapidly, and the market fluctuates quickly. The entire article is based solely on personal speculation and does not have any reference value. Investment carries risks, so entering the market should be done cautiously. Everyone should operate with a light position and not get carried away. Wishing everyone abundant wealth! The article needs to be reviewed and has a certain lag. If there is anything you don't understand, feel free to consult.

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