Liangqiu: 12.8 Bitcoin/Ethereum Evening Wick Movements, Continue to Focus on Retracement Overnight



Bitcoin/Ethereum intraday strategy once again plans two high short orders. The second order targets the 89,500 and 3,020 range, directly shorting near the recent highs at 3,070 and 90,300, as previously discussed. The market has surged from the lows of around 2,903 and 87,700 to highs of 91,500 and 3,133, which is a relatively large increase. After a significant recent decline, the candlestick pattern shows a gradual rebound, currently forming a volatile upward trend. The four-hour long lower shadow bullish candle indicates strong buying support at the lower levels. On the technical side, in the 4-hour timeframe, both DIF and DEA are near the zero axis, and the MACD histogram has turned from negative to positive, showing strengthening bullish momentum, but sustainability needs to be monitored. The market is currently near previous resistance, so it's possible to look for another retracement.

Overnight trading suggestions: Short Bitcoin at the current price around 91,300 to 91,800, target near 89,000; short Ethereum at the current price around 3,130 to 3,150, target near 3,040. If it breaks, continue to look lower, targeting 93,000 and 3,200.

The daily analysis and strategy have a high success rate, which is evident. The analysis and strategy are for reference only; please bear your own risk. The article review and publication are not real-time, so please refer to live updates!
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ETH2.64%
BTC2.52%
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花间爱豆Xvip
· 11h ago
Is this level still valid?
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BitcoinDragonvip
· 12h ago
Come on, come on, let's get to work! Come on, come on, let's get to work!
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Baiyun11vip
· 12h ago
Experienced driver, guide me 📈
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GateUser-522d662bvip
· 14h ago
What can x do for Vietnamese newborn frogs CTY CP?
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GateUser-b874a18bvip
· 18h ago
Already emptied, haha
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GetLiquidatedExplodedInto10Uvip
· 18h ago
Don't short it, bro 😂
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