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Liang Qiu: For the two short positions in Bitcoin/Ethereum on December 17th, be sure to take profits when appropriate. A rebound is possible in the early morning.

2025-12-17 01:25:09
Shareshare
Bitcoin/Ethereum traded between 2940-2960 during the daytime session, reaching around 2885. Later in the evening, short positions were opened again around 2950-2970, with the price bottoming out at around 2910. These two short positions yielded nearly 100 points of profit, while Bitcoin's overall profit was moderate. Currently, the market has stabilized after several pullbacks, with lower lows, particularly noticeable in Bitcoin's overall upward movement. The recent price action shows a downward trend with two consecutive days of declines and significant volatility, indicating that bears are in control and there is significant selling pressure above. On the 4-hour chart, both the DIF and DEA are below the zero line, and the MACD histogram remains negative, indicating that bearish forces dominate. However, the price has rebounded after several dips, suggesting some stabilization within the consolidation phase. Short positions can be closed for profit in the early morning, followed by long positions on pullbacks. Trading suggestions: Bitcoin: Long around 86300-86800, target 88500-89500; Ethereum: Long around 2880-2910, target 2980-3030. Daily analysis and strategies have a high win rate and are available for viewing. However, this analysis and strategy are for reference only; please bear your own risk. Article review and publication are not timely; please refer to real-time information.
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