Xiang Li: December 8 Early Morning BTC and ETH Operation and Analysis

Brother Qie's downward channel has not been affected by this strong upward surge and remains intact. Moreover, the candlestick has already entered the overbought zone, which is even more evident on the hourly chart, and the candlestick has begun to turn downward. Most importantly, during this round of strong upward movement, although the price has risen, the trading volume has not increased accordingly. The lack of volume-price resonance can only indicate that this rise is not very reliable.

The outlook for the early morning session remains bearish. It is recommended to short at highs!

For BTC, you can short within the 91500-92000 range, with a target near 90000.
For ETH, you can short within the 3120-3150 range, with a target near 3050.#成长值抽奖赢iPhone17和周边 #十二月行情展望 #广场发帖领$50