On Sunday, December 21st, BTC/ETH silk exposure sharing
Currently, the market is in a high-level consolidation in the 4-hour cycle, with K-line alternating between bullish and bearish, and no clear one-sided trend has formed yet. The price remains above the middle band of the Bollinger Bands, and after the KDJ golden cross, it continues to rise, indicating that bullish strength is brewing.
Observing from the 1-hour timeframe, although the price once broke through the upper Bollinger Band, the long upper shadow indicates that there is still some selling pressure above. The Bollinger Bands are widening, and bullish energy is gradually accumulating, but the upward space has not been fully opened yet, and overall it still presents a range-bound oscillation characteristic. The operation can primarily focus on buying on pullbacks.
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On Sunday, December 21st, BTC/ETH silk exposure sharing
Currently, the market is in a high-level consolidation in the 4-hour cycle, with K-line alternating between bullish and bearish, and no clear one-sided trend has formed yet. The price remains above the middle band of the Bollinger Bands, and after the KDJ golden cross, it continues to rise, indicating that bullish strength is brewing.
Observing from the 1-hour timeframe, although the price once broke through the upper Bollinger Band, the long upper shadow indicates that there is still some selling pressure above. The Bollinger Bands are widening, and bullish energy is gradually accumulating, but the upward space has not been fully opened yet, and overall it still presents a range-bound oscillation characteristic. The operation can primarily focus on buying on pullbacks.
Long BTC in the range of 87700-88200, target near 90500
Go long in the range of 2950-2970, targeting around 3100.
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