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On the evening of December 22, suggestions and directions for Bitcoin and Ethereum operations will be shared.
From the current market perspective, the four-hour level shows that although the afternoon Bitcoin price has been fluctuating upwards, it is constrained by the key resistance level above. After briefly touching a short-term high, it has corrected downwards, with every rebound accompanied by a referendum pullback opportunity. Currently, it is oscillating around the 89500 line, aligning with our afternoon trading opportunity. Although the Bollinger Bands are converging, the three lines are continuously moving upwards. The short-term market is operating above the upper band, and the upper side is constrained by the daily closing point, so a correction is also a matter of profit. From the one-hour level, the Bitcoin price is in a state of fluctuating upward movement, with every rebound near the key point accompanied by a correction. It is currently in a high-level oscillation, and the upper resistance level significantly compresses the short-term rebound space. Therefore, my suggestion for Lao Zhao's evening operations is to continue the afternoon strategy, focusing on shorting during rebounds.
Bitcoin is around 89400 to 89900, pay attention to 87500.
Near 3030 to 3060 can be watched, focus on 2920
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