Bitcoin and Ethereum Evening Operation Suggestions and Future Trend Analysis:



As of 12/14, the market is currently in a sideways correction phase. After reaching around 89,700, support held for a rebound. It is now fluctuating near 90,200. Over the weekend, it has been consolidating sideways, and a significant volatility is expected tonight in the early hours. Managing risk is necessary!

On the hourly level, there is considerable resistance. This resistance zone overlaps with multi-cycle resistance areas on the 2-hour and 4-hour charts. A breakout would require strong buying support. Support below is focused around $89,000. If bullish signals appear at this level, it could serve as a short-term entry point.

From a short-cycle perspective, a breakout on the 1-hour chart depends on sustained upward momentum from shorter cycles like 10-minute, 15-minute, and 30-minute charts. Currently, the market is at the end of a triangle correction. The 1-hour and longer-term indicators are gathering strength, awaiting a direction decision. In the short term, the downtrend is relatively strong, but the upward wave structure driven by bulls has not been broken and still has potential for upward movement.

Evening Operation Suggestions: #Gate11月透明度报告出炉 $GT
Bitcoin: 89,500-90,000, target 90,600-92,000
Ethereum: 3,080-3,100, target 3,180-3,200
GT-2.12%
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