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#BTC December 10 Evening Bitcoin and Ethereum Market Analysis and Trading Suggestions
From the current market trend observation, the four-hour timeframe shows a clear stepwise upward structure, with bullish sentiment gradually intensifying. The continuity and certainty of the trend are significantly strengthened, and the overall technical pattern provides strong support for the bulls. For more insights, stay tuned to Gong🀄Hao Shengdong Trend Theory.
In the one-hour timeframe, the price continues to stay above the middle band of the Bollinger Bands and maintains a sideways upward momentum. Although the Bollinger Bands are narrowing, indicating short-term volatility is easing, the volume during the pullback is gradually decreasing, and market selling pressure is limited, not disrupting the overall upward pattern. Currently, the short-term K-line relies on the middle band for steady upward extension, with the lows gradually rising and highs continuously breaking through, showing a healthy volume-price resonance. Bullish momentum is fully unleashed, and the subsequent strength remains sufficient. The short-term upward pace is steady, and the bullish pattern is clear.
Although the overall trend is bullish, caution is still needed for potential liquidity shocks or emotional disturbances within the trading session. In terms of operation, tonight's strategy is mainly to buy on dips and add long positions, or wait until the market becomes clearer before entering. Regardless of the chosen strategy, strict risk control is essential, with reasonable stop-loss placements to protect profits and funds. The market always moves within volatility, so rational analysis, patience, and decisive execution are key to steadily advancing within the trend.
Tonight, buy Bitcoin around 92,400 with a target of 94,000.
Tonight, buy Ethereum around 3,330 with a target of 3,420.