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12.15 Monday midday analysis
During the weekend trading session, market volatility continued to fluctuate, with bearish forces strengthening around 90200, causing the price to fall back to around 87600. A rebound then occurred, hovering around 89200. The current daily chart shows weakening bullish momentum, with the price near the lower band displaying a positive trend; on the 4-hour chart, bearish momentum is also waning, and the price appears positive, but the overall trend remains downward. On the hourly chart, bullish momentum is strengthening, with the price approaching the middle band and showing a gradual upward trend, but the short-term trend still points downward. The intraday trading suggestion is to maintain a high-short strategy, shorting when the price is high.
Bitcoin trading suggestion: 89800-91300 target 88500
Ethereum trading suggestion: 3170-3200 target 3000