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Customized wealth management empowers your assets growth
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- MC:$3.64KHolders:30.25%
- MC:$3.57KHolders:20.04%
- MC:$3.52KHolders:10.00%
- MC:$3.57KHolders:20.04%
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12.17 Wednesday Bitcoin and Ethereum Morning Analysis
The current market momentum is relatively weak, and the market correction is quite evident. On the daily chart, the candlesticks are currently operating in the lower band of the Bollinger Bands, with the market gradually opening up, and the downward trend is gradually gaining momentum. On the four-hour chart, the three Bollinger Bands are extending downward synchronously, indicating very obvious bearish sentiment. After a rebound near the middle band of the Bollinger Bands in the evening, the price faced resistance and fell again. Short-term rebound momentum is clearly insufficient, indicating that the subsequent decline will continue.
Bitcoin recommendation: 88100-88400 Target: 86500
Ethereum recommendation: 2990-3040 Target: 2850
#BTC #ETH #BNB