December 19 Evening Bitcoin and Ethereum Trading Suggestions and Directions

It's not your ability that determines your fate; but your decisions that change your destiny. Thinking is the problem, action is the answer; standing still, you will always be an observer. Looking back at the early morning Bitcoin and altcoin market: After reaching around 89,447 on the early morning Bitcoin chart, it faced resistance and moved downward, strongly dropping to around 84,405, with a decline of over 5,000 points in the range. Ethereum followed the same pattern, dropping from a high of around 2,997 to a low of around 2,772, with a decline of nearly 200 points, forming a strong unilateral trend, similar to the previous day’s pattern of first rallying then crashing. After a dip in the evening, the market followed the trend to enter positions, and Lao Zhao also secured good profits.
From the four-hour chart perspective, the market rapidly retraced to below the lower Bollinger Band after a single three-large-candle correction, then hovered near the lower Bollinger Band. The Bollinger Bands are slightly expanding, indicating increased short-term volatility, and the trend is expected to continue. The market is currently in a consolidation phase, with bullish momentum intact, consolidating the bottom through time rather than price. The Bitcoin chart shows a short-term pullback testing support below the lower band, demonstrating effective support, which accumulates momentum for further upward movement. Overall, after continuous retracements and lows, a rebound is a reasonable phenomenon. Therefore, early trading suggestions focus on buying low.
Buy near 85,600 to 85,000 for Bitcoin, watch for 87,000
Buy near 2,830 to 2,800 for altcoins, watch for 2,900#BTC #ETH