December 18th Early Morning Bitcoin and Ethereum Trading Suggestions and Directions

Investing is like sailing; the direction is the compass, anchoring in truth to avoid deviation. Fear not the dark reefs and turbulent waves; constantly calibrate your mental lens, perceive tidal rhythms, and ultimately reach the dawn's first light on the horizon.
On Wednesday, the intra-day market for Bitcoin showed a pattern of oscillation and slow upward movement. After a strong surge to a high point in the evening, there was a deep correction, narrowing the range from the morning's 87,500 zone for consolidation. The evening rebound reached around 90,360 before stalling, then entered a strong downward trend. Near midnight, the lowest point was around 86,128.
Ethereum's intra-day movement mirrored Bitcoin's pattern: starting from a low of 2,942 in the morning, rising to about 3,030 in the evening, then facing resistance and dropping to a low of 2,832 at midnight.
Old Zhao utilized this volatile market to execute real trades with 4 long positions on Bitcoin and 3 on Ethereum. Bitcoin gained a total of 3,731 points, while Ethereum gained 100 points.
Midnight long positions were entered during strong dips, but unfortunately, there was little profit, with Bitcoin losing over 639 points and Ethereum over 30 points.
From the current market situation, the four-hour chart shows the market once again oscillating within a narrow range in the white zone. After a strong evening surge, it quickly retraced to the short-term origin, forming a double sweep pattern. Currently dominated by the "Kong" (short for "short-term trend"), the market has not broken the previous support at 86,000. There is a short-term rebound trend. The MACD is below the zero line and has formed a golden cross, with green volume continuing to shrink, indicating a strengthening short-term trend.
On the one-hour chart, Bollinger bands are opening downward, with the lower space fully open. The bears are increasing in volume, showing a continuous downward trend with consecutive bearish candles. However, key support levels have not yet been broken, and there is still a short-term bottoming and rebound trend.
Therefore, tonight's key level for Bitcoin is around 86,000, serving as the short-term support and resistance. If broken, it indicates a "Kong" (short) setup. Old Zhao's early morning trading advice is to mainly go long above this support level.
Buy near 86,600-86,100 for Bitcoin, watch for 88,000.
Ethereum can be bought near 2,850-2,820, watch for 2,920.