December 8 Afternoon Bitcoin and Ethereum Operation Recommendations and Direction Sharing

From the current market situation, looking at the 1-hour chart, the current trend shows a volatile upward movement, with the price operating above the middle band of the Bollinger Bands. The short-term upper band resistance is near the previous high at the 91,800 level. The current Bollinger Bands are expanding, and all three bands are continuously moving upward. If it breaks through the previous resistance, there is potential for further upward movement. In the short-term, bulls are strengthening in the long-short game. Overall, the short-term bullish trend is clear, but attention should be paid to the breakout at the upper band and the volume confirmation. In the afternoon, Lao Zhao recommends continuing the midday strategy, mainly with light long positions. #BTC #ETH