#美联储降息 December 17th Early Morning Market Observation



Bitcoin has short-term shifted from a rebound phase to a reversal trend. During the pullback, it must hold the 85,000 level as a vital support line. The role of 87,000 has shifted from a resistance level to a support level, which is a very important signal. The 4-hour chart clearly indicates an upward channel, with a bullish pattern that is obvious. The high close at the end of the session generally suggests a high probability of continuing upward within the day. Although the space above is not very wide, the likelihood of breaking new highs is relatively high.

ETH is relatively more stable.

Trading strategy sharing:
- Consider going long $BTC in the 86,800-86,300 range, targeting 88,000-88,500
- Enter around 2,900-2,870 for $ETH, with targets in the 2,950-3,000 range

In this rhythm, just control the risk ratio well, avoid over-leverage.
BTC0.02%
ETH0.34%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
Rekt_Recoveryvip
· 12-19 17:54
yo 85k better hold or i'm getting liquidated again lol... been there too many times already ngl
Reply0
HashRateHermitvip
· 12-19 17:27
If you can't hold 85,000, it's game over. It's hitting a new high again. I don't believe you.
View OriginalReply0
MoonWaterDropletsvip
· 12-18 05:58
85000, this line really holds firm; otherwise, this rally would have cooled off.
View OriginalReply0
GateUser-74b10196vip
· 12-16 18:33
If we can't hold 85,000, let's just admit defeat. Anyway, I believe in the support at 87,000 this time.
View OriginalReply0
VitalikFanAccountvip
· 12-16 18:18
If 85,000 can't be broken, this rebound is over. It's a bit uncertain.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)