Maple looks at the trend: Analysis of Bitcoin/Ethereum market on the evening of December 10 with trading suggestions

Yesterday, the overall price of cryptocurrencies showed an upward trend, and the long positions we set up in advance also achieved unexpected profits. Today, the daily KDJ and MACD indicators continue to oscillate upwards, and the BOLL upper band has opened up. However, the current price is closely touching the upper band, indicating insufficient short-term upward space, and a slight adjustment is expected in the ultra-short term. On the 12-hour level, the current KDJ, MACD, and BOLL are resonating upwards; the main chart's three-day moving averages are also in a bullish arrangement moving upwards. However, the current 12-hour situation is not much different from the daily, and a slight pullback is expected in the short term. For trading, it is advisable to treat it with a short-selling approach on rebounds, with specific points as follows:

BTC: Short at 92500-93000, target 91000

ETH: Short around 3350-3380, target 3280

The above are personal trading suggestions for the evening. The market is ever-changing, and this article has a certain lag, so it is for reference only. Specific operations should be based on real-time guidance.

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