Xiaoyao KOL: Bitcoin and Ethereum Afternoon Market Analysis 12.18

Yesterday afternoon, Bitcoin and Ethereum (ETH) exceeded expectations and reached their target levels. Those who entered long positions at 85600 and 2810 in the early morning can take profits and wait for a pullback before re-entering long positions. Bitcoin's daily chart shows that the price is gradually stabilizing after significant fluctuations. The long lower shadows formed in the previous two days indicate strong buying support at lower levels. In the 4-hour chart, the current candlestick shows an upward trend, but it is still below the previous high, indicating some selling pressure. The MACD histogram has turned positive, and the DIF and DEA are approaching a golden cross, indicating increased short-term bullish momentum. However, the daily chart is still in a topping zone, so the strength of the rebound needs to be monitored. Intraday, it is recommended to enter long positions on pullbacks. Specifically, for Bitcoin, enter long positions around 85500-86000, with a target of around 88000; for Ethereum, enter long positions around 2780-2810, with a target of around 2920. Market conditions are constantly changing, and this article is time-sensitive. Those entering long positions should refer to real-time guidance.