#BTC 12.1 Afternoon Bit and Ethereum market analysis and trading suggestions

This morning, Bitcoin experienced a sharp decline, with the price once dropping to around 87000 USD. Despite the significant drop in the morning, one key fact cannot be ignored: the current price is still operating entirely within the established upward channel. As long as this core support structure is not effectively broken, we do not need to change our directional judgment of a bullish outlook in the medium term. This sharp drop can be seen as a strong washout before testing the previous high resistance level, aimed at clearing out weak long leverage and solidifying the foundation for a healthy rise in the future. Guan Zhu Gong 🀄 Hao Sheng Dong Trend Theory.

Do not blindly chase shorts: Near the lower boundary of the upward channel, chasing shorts that have already released a wave of energy is not worth the risk-reward ratio. Focus on stabilization signals: Our next focus should be whether the price can show clear stabilization and stop falling signals at the current position (such as the lower boundary of the channel or key support levels like the 86500-87000 area), for example, the appearance of K-line patterns with long lower shadows or slowly rising lows after small-bodied fluctuations.

Key pressure zone observation: If the price rebounds as expected, the range of $88,000 to $88,500 will once again become the focal point of the bulls and bears. We need to closely observe the price performance in this zone: if it breaks strongly above, it will prove that the washout is over, and new upward space will be opened, allowing for additional long positions. If it is pressured again, the market may enter a wider consolidation phase, at which point we will adjust our strategy and look for high-selling and low-buying opportunities within the range.

In summary, the morning's sharp decline did not disrupt the overall upward structure of Bitcoin. It is more like a sudden "shower"; although intense, once the rain passes, the road may become clearer. Our strategy is to maintain a bullish outlook, but not to rush. Patiently waiting for the price to pull back to the lower boundary of the upward channel or stabilize at key support levels before gradually positioning long orders will be a wise move in preparation for the next round of increases.

You can go long on the midday pancake around 87000, aiming for 88500.
You can go long on Ether around 2840 during lunchtime, targeting 2950#成长值抽奖赢iPhone17和周边 #十二月降息预测 #反弹币种推荐 .