Market sentiment is gradually releasing, and the crypto market is beginning to show a broad rally, but the volatility is intensifying. Whether the upward trend can continue depends largely on the Federal Reserve's interest rate hike trajectory.
Today's trading strategy is actually simple: focus on key points on the 4-hour chart for entry and exit, with the overall rhythm still leaning towards long positions first, then short.
**Bitcoin**: In the afternoon, a pullback above 87,000 is a decisive long entry opportunity, with targets locked in between 89,500 and 91,000. Once the price reaches this zone, consider reversing to short; if the market strongly breaks above this upper boundary tonight, it signals the start of a one-sided rally, with a direct target of 92,000.
**Ethereum**: Its movement is highly correlated with Bitcoin. As long as it stays above 2,900, just go long, following Bitcoin's rhythm for operations.
Recently, the market has experienced intense shakeouts and reversals. It's crucial to adhere to the principle of "no break, no establish," and not get confused by the oscillations. Keep a close eye on the evening action, as long-short shifts often happen in the blink of an eye. The biggest risk is chasing the top or selling at the bottom, which can easily lead to repeated losses.
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MerkleMaid
· 12-19 09:52
It's the classic pattern of buying more first and then selling off. This round of shakeout is really intense.
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MidnightMEVeater
· 12-19 09:40
Good morning, another night of market activity. Low points like 87,000 are really like bait in dark pools, a robot paradise, just waiting for retail investors to send the dishes.
Market sentiment is gradually releasing, and the crypto market is beginning to show a broad rally, but the volatility is intensifying. Whether the upward trend can continue depends largely on the Federal Reserve's interest rate hike trajectory.
Today's trading strategy is actually simple: focus on key points on the 4-hour chart for entry and exit, with the overall rhythm still leaning towards long positions first, then short.
**Bitcoin**: In the afternoon, a pullback above 87,000 is a decisive long entry opportunity, with targets locked in between 89,500 and 91,000. Once the price reaches this zone, consider reversing to short; if the market strongly breaks above this upper boundary tonight, it signals the start of a one-sided rally, with a direct target of 92,000.
**Ethereum**: Its movement is highly correlated with Bitcoin. As long as it stays above 2,900, just go long, following Bitcoin's rhythm for operations.
Recently, the market has experienced intense shakeouts and reversals. It's crucial to adhere to the principle of "no break, no establish," and not get confused by the oscillations. Keep a close eye on the evening action, as long-short shifts often happen in the blink of an eye. The biggest risk is chasing the top or selling at the bottom, which can easily lead to repeated losses.