Bitcoin/Ethereum Afternoon Market Analysis (December 17) Afternoon Trading Strategy: Given the current lack of volume during the rebound and the unchanged trend, intraday trading will primarily focus on shorting at higher levels. 🔸 Bitcoin (BTC) Short Entry Range: 87500 – 88000 Target Price: 85500 Explanation: The upper moving averages are providing dense resistance, making a sustained rebound difficult. The focus remains on shorting at the higher end of the range. 🔸 Ethereum (ETH) Short Entry Range: 2960 – 3000 Target Price: 2860 Explanation: The price action is correlated with Bitcoin, with significant resistance during the rebound and insufficient volume to support further upward movement. IV. Market Reminder: The current market remains in a volatile, bearish structure. A rebound does not necessarily indicate a trend reversal. If the price breaks through key resistance levels, trading strategies should be adjusted accordingly. Market conditions are constantly changing, and this article is time-sensitive. Please refer to real-time market guidance for guidance when following or using this information.
Bitcoin/Ethereum Afternoon Market Analysis (December 17)
2025-12-17 08:14:40
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