12.14 Afternoon Analysis



The current range-bound consolidation continues, and trading should be anchored on the core logic of range fluctuations: before a significant breakout above key resistance levels, it remains practical to short at high levels and buy at low levels. The 1-hour chart shows that after yesterday’s price dipped to the core support, buying interest came in, and the market transitioned into consolidation. The candlesticks are fragmented, volatility has narrowed, and volume has declined, indicating a temporary balance between bulls and bears. Consolidation often precedes a trend, and with current support solid and volume accumulating, a potential upward move is being prepared. Traders should remain patient, closely monitor the range logic, and wait for a breakout signal.
Bitcoin suggestion: Buy within the 89000~90000 range, targets: 91000, 92000, 93000
Ethereum suggestion: Buy within the 3050~3100 range, targets: 3150, 3200, 32500
BTC-0.68%
ETH0.48%
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