#BinanceABCs 12.20 Bitcoin and Ethereum Short-term Strategy



**Market Analysis**
From the hourly and four-hour charts, the resistance zone is already quite clear. Once there is a pullback after a rally, or if a long upper shadow or bearish divergence appears, it’s an opportunity to open a short position. Set the stop-loss above the recent high breakout point by the corresponding amount.

If the key support level breaks and the rebound lacks strength, then go lightly on shorts. The previous low is the stop-loss point.

Conversely, if the price firmly holds above the resistance zone, close all short positions and wait or completely change your approach.

**Specific Operations**

$BTC Consider shorting around 88,500, targeting 87,000.

$ETH The situation here is a bit different. The 2985 level is suitable for testing short positions, aiming down to the 2880-2830 range. But if there is a strong breakout and the price stabilizes above 2900, then switch to a long position.

Market pace is fast; flexibility and quick adaptation are key.
BTC0.38%
ETH-0.16%
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TokenCreatorOPvip
· 21h ago
88500 short position, try it out. If the rebound lacks strength, continue to follow. This move depends on whether it can break 87,000.
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MidnightGenesisvip
· 21h ago
On-chain data shows that this wave of resistance is indeed quite strong. I also marked the 88500 level in my monitoring, as expected.
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PessimisticLayervip
· 22h ago
88500 empty? I'm thinking this guy is trying to buy the dip again, always playing like this.
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