Yueying: Bitcoin and Ethereum Market Analysis for December 19th - How to Seize Opportunities in a volatile market with long positions now closed?

The previous article on Bitcoin's long position at the current price yielded a profit of over $3000, which was accurate. Looking at the daily chart, the previous candlestick closed with an upper shadow, finding support around the lower Bollinger Band and rebounding at the open. The Bollinger Bands are slightly widening, and short-term moving averages are turning upwards. The MACD fast and slow lines crossed but didn't continue their upward movement, and the volume bars are decreasing. The KDJ is turning upwards, and the VR indicator is consolidating around 80. On the 4-hour chart, after the overnight rebound was met with resistance, a sharp drop broke below the lower Bollinger Band, followed by three consecutive positive candles and another rebound. The Bollinger Bands are flat, and short-term moving averages show signs of turning upwards. The MACD fast and slow lines are extending upwards, and the volume bars are increasing again. The KDJ is crossing upwards; pay attention to the resistance around 100. The VR indicator is consolidating around 120. Overall, the recent market structure is a volatile, volatile market. In such a market, avoid blindly chasing highs and lows; instead, look for support and resistance levels to enter. In the short term, the market is currently testing resistance; wait for a pullback to buy, focusing on the support around 86000. See the short-term recommendations below. Bitcoin Short-Term Recommendation: Buy at 86500 (Take profits as needed after strategy activation). The previous long position on Ethereum has moved over $100. The overall technical trend is correlated with Bitcoin. Currently, it's testing the resistance zone, and the previous high's resistance remains. A pullback to support could present a buying opportunity. See the short-term recommendation. Ethereum Short-Term Recommendation: Buy at 2878 (Click the image to see the homepage link for more cryptocurrency analysis). — I am Zhou Yueying