12.23 Bitcoin and Ethereum Today's Thoughts
Reflecting on yesterday, I specifically reminded everyone to pay attention to the support level of 95000. As a result, this support level could not hold for too long, and the price began to slowly decline in the latter half of the US trading session.
This morning, at the opening, the price had already touched the key level of 94000, but fortunately, there was a slight rebound thereafter. Currently, the price is hanging on the lower band of the Bollinger Bands, which seems quite attractive for buyers.
Speaking of operations, my personal view is:
Bitcoin around 93500 is a good opportunity to go long, with a target set at 96000.
If the price rises to the range of 95000 to 96000, we can also consider going short, targeting a pullback to between 92000 and 93000.
As for Ethereum, I personally recommend operating within the range of 3200 to 3300.
Alright, that's all for now. As always, as long as one can accurately grasp the rhythm of the market and lay out a reasonable strategy, whether bullish or bearish, it is possible to gain one's share of profits in this market.