#以太坊行情解读 Review of BTC trading opportunities on December 22nd early morning

Last night, the market really provided many opportunities. Let's整理一下思路.

**Key Positioning Overview**

Market observation time (high point 89050, low point 87548.5, price at that time 88372.6):
- The bullish-bearish dividing line is at 88500
- The iron gate below: 88000 can hold back a big drop, and further down 87548.5 is the limit.
- Upper resistance wall: 89000 pressure is obvious, around 89050 is the previous high point.

**How to Catch a Bottom in Bullish Opportunities**

First wave: Wait for the price to grind into the range of 88000-88100, and look for a signal to stop the decline (such as a bullish engulfing pattern or a hammer candlestick), then enter to go long. Set the stop loss below 87800, with the initial target at 88800-88900.

Second wave: If it really breaks below around 87548.5 (in the range of 87548.5-87600), then it will be a bottom-fishing opportunity. At this time, increase your position, move the stop-loss to 87300, with two targets - first hit 88300-88400, if it breaks, continue to push to 88800-88900.

Third wave: When the long position is profitable, and the price stands above 89000 with three consecutive candlesticks stabilizing, you can add to your position with a light load, raise the stop loss to 88800, and target a sprint to 89700-89800.

**How to short-sell at a high**

First wave: If it rebounds to the range of 88800-88900 and shows top signals like an engulfing bearish candle or a shooting star, you can short. Set a stop loss above 89100, with a target of 88100-88200.

Second wave: If it unexpectedly rises to the range of 89000-89050 but gets stuck (stagnation), increase the short position, set the stop loss at 89250, and similarly have two targets - first exit at 88300-88400, then target 88100-88200.

Third wave: When the bears have profits, the price effectively drops below 87548.5 (confirmed by 3 K-lines), add a short position with a light load, stop loss at 87800, targeting the range of 86800-86900 below.

**Range Trading Strategy (the box between 88000-88500)**

- Buy with light position when touching the lower edge 88000-88100, stop loss at 87800, target profit 88400-88500.
- Short lightly when hitting 88400-88500, stop loss at 88700, pullback to 88100-88000.
- Once it stabilizes at 88500 or falls below 88000, the range game is over, and we switch our trend perspective.

**Key Points of Practice**

During the early morning hours, the needle strikes the hardest, so be careful not to step into false breakout traps. Be sure to wait until the pattern is clear and a signal of a stop or stagnation appears before taking action; do not engage with naked K lines that break out chaotically.

Position discipline: The main position should be a maximum of 30%, additional position a maximum of 20%, and stop-loss must be executed. This is the bottom line for survival.

$BTC $ETH $SOL should continue to be monitored closely, as there are significant variables at night, and it is important to prepare contingency plans.