Friday "December 19th"

The Bank of Japan's rate hike has been implemented. How to protect oneself in the upcoming volatile market?

Yesterday after the US market opened, the fluctuations were rapid and sharp. After a surge, the market declined all the way south, giving the bears full confidence. The day before yesterday, Ziqing provided a "long first, then short" strategic logic. The 5000-point range up and down allowed both bulls and bears to profit from a wave. Yesterday, a small rebound and small short, a big rebound and bold short. Bitcoin broke below the recent two-week low of 84,400, with a retracement of about 5000 points.

Today at noon, after the rate hike, market news was mixed, with both longs and shorts active. The current market is identified as "range-bound oscillation." The hourly candlestick chart shows a bullish engulfing pattern, but as soon as the price touched the middle Bollinger Band, it was immediately pressured and pulled back, indicating a clear lack of bullish momentum. Main capital inflows and technical indicators are leaning bullish, and after all negative factors are exhausted, a rebound begins. The four-hour chart shows three consecutive bullish days. Unless there is a very strong upward surge that breaks through, the bears will remain dominant. Otherwise, the downward trend will be hard to break, continuing the strategy of long shorts and short longs.

btc🎯 90500-90000 short target 88000 watch for 87000-85500$BTC

eth🎯 3020-3050 short target 2900 watch for 2800$ETH