12.6 Midnight Brief Review, Long-term Layout for BTC and ETH



On the 4-hour chart, the price is moving along the lower band of the Bollinger Bands, facing resistance on the upside and weak bullish momentum, with limited rebound potential. All three Bollinger Bands are trending downward, MACD is turning down and below the zero axis, indicating a clear bearish trend and continued bearish outlook.

BTC suggestion: Short in the 90000-91500 range, target 83600 first, then 78800.

ETH suggestion: Short in batches in the 3060-3100 range, target 2660 first, then 2350.
BTC2.35%
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