12.10 Morning Review: Uptrend Continues, Stay Long on Dips
Market sentiment remains bullish, with daily candlesticks rising continuously. Prices are steadily moving up along the upper Bollinger Band, with increasing volume and sufficient bullish momentum. The uptrend is intact, and the probability of an extended rally is high.
There is brief consolidation on the hourly chart, which is a normal technical correction. The Bollinger Band continues to expand, leaving room on the upside; the KDJ indicator has entered the overbought zone, suggesting a potential short-term pullback, but the overall bullish pattern remains unchanged.
Trading recommendations: Maintain a bullish bias, look for long opportunities on pullbacks to key support levels, and strictly control risk with stop-loss orders. If price and volume continue to align, the trend may push further upward.
BTC recommendation: Go long near 92,000, target 94,000 ETH recommendation: Go long near 3,290, target 3,400
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12.10 Morning Review: Uptrend Continues, Stay Long on Dips
Market sentiment remains bullish, with daily candlesticks rising continuously. Prices are steadily moving up along the upper Bollinger Band, with increasing volume and sufficient bullish momentum. The uptrend is intact, and the probability of an extended rally is high.
There is brief consolidation on the hourly chart, which is a normal technical correction. The Bollinger Band continues to expand, leaving room on the upside; the KDJ indicator has entered the overbought zone, suggesting a potential short-term pullback, but the overall bullish pattern remains unchanged.
Trading recommendations: Maintain a bullish bias, look for long opportunities on pullbacks to key support levels, and strictly control risk with stop-loss orders. If price and volume continue to align, the trend may push further upward.
BTC recommendation: Go long near 92,000, target 94,000
ETH recommendation: Go long near 3,290, target 3,400