December 17 Early Morning Bitcoin and Ethereum Trading Suggestions and Directions
There are no tears in the crypto world, only the carnival of the brave! Contract trading ignites wealth explosions with small funds, causing account numbers to grow wildly like wildfire. Don't bow to petty gains; here, there is no ceiling—only your stars and the sea. Tonight's insights are once again validated. We suggested going long above 86,000 on Bitcoin, and the market responded as expected. Bitcoin was suggested to enter around 86,100, Ethereum around 2,890, with exit signals near 87,700/2,950 after a rebound. Bitcoin gained over 1,100 points, and Ethereum over 57 points. All of Zhao’s strategies are publicly shared in advance, hoping that my strategies can serve as a compass, guiding you to avoid risks early, reduce detours, and minimize losses in the market. From the current chart, on the 4-hour timeframe, the market shows a correction trend after three consecutive bullish attempts to test the middle band of the Bollinger Bands without success. However, the price remains just below the middle band, with bulls still eager to recover lost ground. The long lower shadow of the bullish candles indicates short-term support is solid. On the 1-hour chart, after two consecutive bullish attempts to push higher, the upward momentum has slowed. Although there has been some pullback, the bullish rebound continues, with prices currently stabilizing above 87,400 and the Bollinger Bands' middle band trending upward, indicating that the short-term pullback is not a trend reversal signal but a preparatory phase before a key breakout. Therefore, Zhao’s midnight trading advice remains bullish: Buy near 87,500–87,000 on Bitcoin, watch for 88,500 Buy near 2,940–2,910 on Ethereum, watch for 3,000
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December 17 Early Morning Bitcoin and Ethereum Trading Suggestions and Directions
There are no tears in the crypto world, only the carnival of the brave! Contract trading ignites wealth explosions with small funds, causing account numbers to grow wildly like wildfire. Don't bow to petty gains; here, there is no ceiling—only your stars and the sea. Tonight's insights are once again validated. We suggested going long above 86,000 on Bitcoin, and the market responded as expected. Bitcoin was suggested to enter around 86,100, Ethereum around 2,890, with exit signals near 87,700/2,950 after a rebound. Bitcoin gained over 1,100 points, and Ethereum over 57 points. All of Zhao’s strategies are publicly shared in advance, hoping that my strategies can serve as a compass, guiding you to avoid risks early, reduce detours, and minimize losses in the market.
From the current chart, on the 4-hour timeframe, the market shows a correction trend after three consecutive bullish attempts to test the middle band of the Bollinger Bands without success. However, the price remains just below the middle band, with bulls still eager to recover lost ground. The long lower shadow of the bullish candles indicates short-term support is solid. On the 1-hour chart, after two consecutive bullish attempts to push higher, the upward momentum has slowed. Although there has been some pullback, the bullish rebound continues, with prices currently stabilizing above 87,400 and the Bollinger Bands' middle band trending upward, indicating that the short-term pullback is not a trend reversal signal but a preparatory phase before a key breakout. Therefore, Zhao’s midnight trading advice remains bullish:
Buy near 87,500–87,000 on Bitcoin, watch for 88,500
Buy near 2,940–2,910 on Ethereum, watch for 3,000