Bitcoin on the 1-hour chart shows a structure of gradually rising lows, with rebound momentum continuously releasing. Trading volume is also picking up, and the short-term bulls are temporarily in control. However, the current price has approached a key resistance zone above. To further open up upward space, sustained increase in trading volume is still needed to confirm the continuation of the trend.
Trading Suggestions:
• Bitcoin: Consider long positions around 86,500–87,000, with targets at 89,000–90,000.
• Ethereum: Consider long positions around 2,860–2,890, with targets at 2,990–3,050.
Risk Reminder: Market volatility is intense. Be sure to set stop-loss orders, control your position size, and trade rationally.
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12.27 Chi Li Bitcoin and Altcoin Morning Analysis
Bitcoin on the 1-hour chart shows a structure of gradually rising lows, with rebound momentum continuously releasing. Trading volume is also picking up, and the short-term bulls are temporarily in control. However, the current price has approached a key resistance zone above. To further open up upward space, sustained increase in trading volume is still needed to confirm the continuation of the trend.
Trading Suggestions:
• Bitcoin: Consider long positions around 86,500–87,000, with targets at 89,000–90,000.
• Ethereum: Consider long positions around 2,860–2,890, with targets at 2,990–3,050.
Risk Reminder: Market volatility is intense. Be sure to set stop-loss orders, control your position size, and trade rationally.