Article editing time December 25, 2023 11:42, all views do not constitute any investment advice! For learning and communication only
Some things, gently put down, may not be not easy. Some people, deeply remembered, may not be not happy. Some pain, talk about it and look at it, may not be not a tempering. On the bumpy road, give warmth to those around you, in the storms of life, give yourself a smile. Life is about understanding and empathy, keeping happiness in your heart, quietly melting, slowly spreading!
Market Review:
Yesterday, the big cake experienced a weak trend overall after an early morning dip, and the intraday market has been in a weak and oscillating trend, until the bulls gradually gained strength in the evening and rose all the way. The big cake formed a narrow range oscillation after reaching a high around 43850 in the evening, showing a relatively weak overall trend, but still maintaining signs of rising. Each rise is accompanied by a slow decline, and due to the slow trend, it undoubtedly greatly reduced our profit situation. At the same time, yesterday's earnings were also considerable, and there was not too much pressure on the operation! The current market is stable around 43400 oscillating operation.
Market Analysis:
From the perspective of the daily chart of the technical structure, the running channel has formed a narrowed and flat state, the price is consolidating at the high level and is resisted after breaking through, and is currently weakly oscillating above the middle track, with the selling volume forming a second solid volume, being resisted by the support of the Bollinger Bands middle track, and the moving averages are entangled, showing a focus on both long and short sides. Although there is a demand for downward trend, personally, I suggest maintaining a bullish view until the K-line does not break through the middle track! Looking at the four-hour chart, the Bollinger Bands three lines are in a flat state, and the K-line effectively stabilizes near the middle track, running alternately between positive and negative, making both long and short sides not have effective continuation. However, the coin price continues to oscillate widely in the short term, but the overall direction still remains bullish, so the operation still revolves around the bullish view at the low level. (For friends who are still confused in their operations, you may want to take a look at the strategy of ZhiDuoXing, 24-hour real-time guidance, the market fluctuates quickly, due to the impact of review timeliness, for the subsequent market trends, real-time layout based on actual trading is the main focus. 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 43000-43150, target 43500-43800
ETH: Long near 2240-2255, target 2260-2280
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 is risky, so be cautious when entering the market. Everyone should operate with a light position and not get carried away. I wish everyone a rolling financial source! The article needs to be reviewed and has a certain lag. If there is anything you don't understand, feel free to ask for advice.
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