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Bitcoin has formed a bearish converging triangle on the one-hour chart and is currently attempting a breakout. The one-hour trading volume appears bullish, but Bitcoin’s price action is far less strong than Ethereum’s. It has been in a downtrend with decreasing volume, and without any significant positive catalysts, it will be difficult to break through the downtrend line. After a possible false breakout, a decline may begin. Overall, Bitcoin is relatively bearish. For long positions, Ethereum should be prioritized, and for short positions, consider Bitcoin. #十二月行情展望

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Bitcoin has formed a bearish converging triangle on the one-hour chart and is currently attempting a breakout. The one-hour trading volume appears bullish, but Bitcoin’s price action is far less strong than Ethereum’s. It has been in a downtrend with decreasing volume, and without any significant positive catalysts, it will be difficult to break through the downtrend line. After a possible false breakout, a decline may begin. Overall, Bitcoin is relatively bearish. For long positions, Ethereum should be prioritized, and for short positions, consider Bitcoin. #十二月行情展望

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Ethereum price is repeatedly fluctuating around the 3150 support level, with resistance at 3250, which has been tested three times on the 8-hour chart. After breaking through 3250, the target can basically reach around 3550 points. Currently, a bullish candlestick with increased volume is still needed to break through the resistance zone. Even if it falls back, there is still strong support at 3080 below. For long positions, stop-loss can be set at 3050; for short positions, stop-loss at 3250. Overall, the outlook is bullish, focusing mainly on buying at lower levels #十二月行情展望

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91200/3105 long positions have already taken profits and reduced holdings; the remaining positions will continue to hold #十二月行情展望

Ethereum price is repeatedly fluctuating above the 3170 support level. The upper resistance is at 3250, which has been tested three times on the 8-hour chart. After breaking through 3250, the target can basically reach around 3550 points. Currently, a bullish candlestick with increased volume is still needed to break through the resistance zone. Even if it pulls back, there is still strong support at the 3100 level below. Stop loss for long positions can be set at 3090, and stop loss for short positions at 3250. The overall outlook is bullish, focusing mainly on buying at lower levels. #Decemb

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https://www.gate.com/zh/profile/Chanlun Master

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https://www.gate.com/zh/profile/Chanlun Master