12/19 Thought Analysis


For Bitcoin, the 84,000-85,000 range has shifted from a support zone to the last line of defense. Guarding or losing it will lead to two very different paths. For Ethereum, in a weak market, it’s even more important to focus on oversold rebounds in terms of timing and strength, but trading against the trend must be done cautiously.
Here are some suggestions from Jinchen: reduce risk, preserve strength, and before the trend becomes clear, lower your positions to a completely safe level. At this moment, cash is not only chips but also the right to choose. Abandon speculation, respect facts, and do not guess what the central bank will do. Instead, observe the market’s reaction to the outcome. Price movements themselves are the most genuine votes. Prepare plans, execute decisively, and clearly outline in your mind how to respond if prices break upward or downward. Then wait for the market’s signal, and calmly execute. Remember, the important thing is not to predict the storm but to learn how to adjust the sails during the storm for safe navigation.

Trading advice: Wait for Bitcoin to rise to around 89,300-89,800 to set up a short position, with a target of 87,600. If broken, look at 86,000-85,300.

Enter a short position near 30,30-30,50 on Ether, with a target of 29,30-29,00. If broken downward, look at 28,35-27,50.
BTC0.53%
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