Xiaoyao KOL: Bitcoin and Ethereum Market Analysis (December 18th)
The strategy for Bitcoin and Ethereum was to enter at higher levels in the afternoon, with entry points around 88,000 and 2,990. Later in the evening, influenced by news, prices briefly surged above 90,000 and 3,000 before encountering resistance and falling back. Currently, prices have reached lows of around 86,300 and 2,850. Ethereum successfully reached its target, gaining up to 140 BTC, while Bitcoin also saw gains of over 1,000 BTC. The market is expected to maintain a consolidation pattern in the early morning. Close attention should be paid to the US CPI data and the Bank of Japan's actions. For trading, it is recommended to use light positions. For Bitcoin, consider entering long positions around 85,500 to 86,000, with a target of around 88,000. For Ethereum, consider entering long positions around 2,800 to 2,830, with a target of around 2,950. However, market conditions are constantly changing, and this article is time-sensitive. Those entering positions should refer to real-time guidance.