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December 29 Monday Morning BTC/ETH Market Analysis and Strategy
On the one-hour chart, the price continues to stay above the middle band of the Bollinger Bands, showing an overall oscillating upward trend. However, recently, the upper shadows of the candlesticks have significantly lengthened, indicating increased selling pressure at higher levels, and the short-term technicals are in a state of consolidation. Moving forward, it is important to monitor news developments closely and be alert to potential range-breaking movements triggered by relevant catalysts. The early trading strategy recommends mainly buying on dips after pullbacks.
BTC Strategy: Suggest to buy in batches within the 87100-87600 range, with a target around 88500.
ETH Strategy: Suggest to buy in batches within the 2910-2930 range, with a target around 3070. #2025Gate年度账单 #加密市场小幅回暖 $BTC $ETH $SOL