#大户持仓变化 December 17 early morning Bitcoin and Ethereum trend analysis

【Bitcoin Section】

The bottom support is at 85073, with a clear resistance zone at 85500-86000. Prices previously rebounded here, indicating that there are buyers stepping in. From a long-term perspective, Bitcoin has just rebounded from a low, and a retest of the support is a good opportunity to buy the dip.

If it breaks below, watch 85000; a drop below that would be disastrous, as many will be selling off, and you should exit quickly. Conversely, if it breaks through 89000, the bulls are really strong, and there could be a short-term straight rally, so short positions should set stop-losses.

Focus on the 87000-87200 range. If Bitcoin stabilizes here and can hold the 87000 level during a pullback, the short-term outlook is bullish. Profit targets are first set at 88000-88500; if 88500 can be maintained, then the next targets could be 88800-89400.

For bearish scenarios, pay attention to 86800-86600. If this level is effectively broken and the rebound cannot recover above 86800, the short-term bearish pattern is confirmed. Profit targets then shift to 86000-85500; if broken, look further down to 85000-84700.

【Ethereum Section】

2870 is the recent bottom, with 2850 as a psychological support level. After touching 2870, the price quickly rebounded, indicating buying interest. Although Ethereum has not been as strong as Bitcoin, oversold conditions often lead to technical rebounds. Buying above the support zone offers a good risk-reward ratio.

If 2830 cannot hold, caution is needed as selling pressure may accelerate. However, if it breaks through the 3000 mark, it indicates the bulls have taken control, and the trend may reverse, so short positions should be closed quickly.

Key levels are around 2930-2940. If Ethereum stabilizes here and does not fall below 2930 during a pullback, the short-term bullish outlook is confirmed. Targets are set at 2970-2980; if 2980 holds, further upside is possible toward 2995-3025.

For short positions, focus on 2910-2920. If broken, and the rebound cannot recover above 2920, a bearish pattern is formed. The next downside targets are 2870-2850; if 2850 is broken, look further down to 2830-2800.

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