Liang Qiu: Bitcoin/Ethereum Evening Trading Strategy with Market Analysis (December 19)
Yesterday, the strategy for Bitcoin/Ethereum was again to short first and then go long. Short positions were entered above 2960 and 88500 during the rally last night, and long positions were entered near 85000 and 2800 in the early morning. The overall potential for a short-then-long strategy was evident. Currently, the market is consolidating after the rally, showing signs of strengthening, although the impact of news has largely subsided. In terms of candlestick patterns, the recent price action saw a rapid rebound from the lows of 2770 and 84400 last night, forming a large bullish candlestick at 2980 and 88300, indicating strong bullish momentum. Previously, there were two consecutive days of rallies followed by pullbacks, resulting in long upper shadows and bearish candlesticks, but a clear reversal occurred after finding support near the 2800 and 85000 levels. Technically, the DIF and DEA are still below the zero line, but the DIF is gradually rising, and the MACD histogram has turned from green to red, indicating weakening bearish momentum and the bulls are gaining the upper hand. However, short-term upward pressure remains, and further upward movement will require consolidation before a sustained rally. Support levels to watch in the early morning are 86000 and 2880. Evening Trading Suggestions: Short Bitcoin around 88300-88800, target 86000-87000; Short Ethereum around 2970-2990, target 2860-2910. Our daily analysis and strategies have a high win rate and are readily available. However, these analyses and strategies are for reference only; please bear your own risk. Article review and publication are not timely; please refer to real-time updates.