A new week of December has arrived, and the midnight market did not provide much volume for the bulls. The market continues to dip below the 95000 level, with the best sustained volume dip to around 94200 to stop the decline. Meanwhile, the altcoin saw a sharp drop, hitting a low of around 3200 before stopping its decline. In summary, the short to medium-term pullback looks bullish; the main cryptocurrency does not have significant issues, while the altcoin has seen a large drop but has not extended the bearish trend too much.
Currently, looking at the four-hour chart, the price ratio remains under pressure from the middle track, but the K-line pullback has not continued the bearish volume. The lower track has formed effective support in the short term, so there are no clear signals for bulls or bears in the short term. We still need to observe the competition between the middle and lower tracks. According to the KDJ indicator, the fast line has crossed down and is curving upward, showing signs of a dead cross, indicating that there is still some rebound space in the future. Therefore, our morning strategy remains focused on buying the dips; aggressive traders can take light positions near 95000, and can add to their holdings around 94200 during the pullback.
For the main cryptocurrency, buying can be done in the range of 94200-94700, targeting around 97000. For the altcoin, buying can be done in the range of 3220-3250, targeting around 3370. #加密市场盘整 #比特币战略储备 $BTC $ETH