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12.29 Monday Bitcoin and Ethereum Morning Analysis
After a round of initial decline followed by a rebound, a potential accumulation phase is indicated. On the 4-hour timeframe, the Bollinger Bands are stable, lightly touching the middle band, showing strong support at the lower band and suggesting the possibility of an upward breakout. Regarding operational suggestions, investors are advised to adopt a pullback buying strategy.
Bitcoin recommendation: 88,800-88,600 Target 90,000
Ethereum recommendation: 2,970-2,940 Target 3,100