12.22 Monday morning operation suggestions



Market Review for Yesterday: The weekend saw a narrow range of fluctuations, with the evening showing a "pullback after a rebound" trend. Bitcoin surged to the 88800 line and then retraced as expected, hitting a low of 87700. The high and low trading strategy we emphasized during the day was fully realized.

Current market analysis:

- 4-hour level: K-line alternates between bullish and bearish, with a brief rise in the evening followed by a quick drop, overall in a state of consolidation, with bears in control. The three Bollinger Bands are slightly downward, and the short-term bearish trend is still continuing.
- 1-hour level: The strength of the rebound is clearly weaker than the strength of the decline, with small bullish candlestick bodies and long lower shadows, showing the characteristic of "pullback after a rebound"; the lower and middle bands of the Bollinger Bands show signs of turning upwards, but the upper band continues to converge downwards, indicating that the short-term market is likely to maintain range-bound fluctuations, and even if there is a rebound afterwards, the upward space is relatively limited.

Operation suggestion:
The overall focus is on "rebound high", short-term can lightly attempt to buy low within the range.

- Bitcoin: Short near the 88500-89000 range, targeting around 87000.
- Ether: Short near the range of 2990-3020, targeting around the 2900 level.
BTC-2,03%
ETH-3,29%
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