As the holiday ends, work gradually gets back on track, and all the initial frustrations slowly fade away with this holiday. As the year-end approaches, many friends are in a loss-making situation. Why not follow along here and develop a pre-year reversal plan, make a final push, and achieve your New Year goals? Not to mention how much profit is made in a year, at least it shouldn't be in a state of profit withdrawal all year round.
The daily chart structure shows a bullish trend resuming with a sideways upward movement, repeatedly testing the 91,000 resistance. We have mentioned multiple times before that the repeated consolidation of the price is preparing for the subsequent bullish attack. On the larger cycle, the trend remains a good single-sided upward movement along the short-term moving averages. On the 4-hour chart, the current K-line is also maintaining a strong trend along the short-term moving averages. Although the current price is temporarily near the previous high, there is little room for adjustment, and it tends to have space for a continued rebound in the short-term trend. The midline acts as a critical point, coinciding with the previous low, which will serve as a short-term bullish critical point. Staying above the midline, the low-buying strategy remains unchanged. During the bullish-bearish transition phase, as the space is recovered, support points will be solidified and strengthened, and the 4-hour chart will turn bullish again. Therefore, in the subsequent Silk Road, we can still focus on retracement buys.
In the morning, Bitcoin is directly buying around 91,000-90,800, aiming for 93,000. Ethereum is directly buying around 3,120-3,100, aiming for 3,250.
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As the holiday ends, work gradually gets back on track, and all the initial frustrations slowly fade away with this holiday. As the year-end approaches, many friends are in a loss-making situation. Why not follow along here and develop a pre-year reversal plan, make a final push, and achieve your New Year goals? Not to mention how much profit is made in a year, at least it shouldn't be in a state of profit withdrawal all year round.
The daily chart structure shows a bullish trend resuming with a sideways upward movement, repeatedly testing the 91,000 resistance. We have mentioned multiple times before that the repeated consolidation of the price is preparing for the subsequent bullish attack. On the larger cycle, the trend remains a good single-sided upward movement along the short-term moving averages. On the 4-hour chart, the current K-line is also maintaining a strong trend along the short-term moving averages. Although the current price is temporarily near the previous high, there is little room for adjustment, and it tends to have space for a continued rebound in the short-term trend. The midline acts as a critical point, coinciding with the previous low, which will serve as a short-term bullish critical point. Staying above the midline, the low-buying strategy remains unchanged. During the bullish-bearish transition phase, as the space is recovered, support points will be solidified and strengthened, and the 4-hour chart will turn bullish again. Therefore, in the subsequent Silk Road, we can still focus on retracement buys.
In the morning, Bitcoin is directly buying around 91,000-90,800, aiming for 93,000. Ethereum is directly buying around 3,120-3,100, aiming for 3,250.