$BTC $ETH Afternoon Analysis: Published at 13:08 on December 16

Yesterday, the market reached the 3135 level and pulled back over 200 points. Currently, I am still holding a reduced position, adding a long position in Ant. We just need to be patient and wait. All stop-loss and take-profit points with Brother Rui will be reviewed; learning to respect the market is key. Only through summary and review can you become stronger. To friends who choose to trust Brother Rui, I suggest learning more about his trading philosophy. I will periodically provide course materials and benefit courses. If you like the host, please follow, and observe whether it is worth subscribing! Thank you all for your support!

First, regarding Bitcoin, we have repeatedly mentioned that breaking the 89,000 level would lead to a 7-10 day daily consolidation. The waterfall is so smooth. Focus below on the 83,500 support level, and above on the 88,200 resistance level. Be cautious of a second bottom on the daily chart, which could break and drop to around 78,000. In the next 1-2 days, on the 4-hour level, focus on the range of 87,459-91,137 above and 84,322-81,504 below. During the day, there are no signs of a rebound; in the evening, news may cause quick spikes up or down. Future intra-day operations mainly focus on shorting rebounds. Trading suggestions are to short around 87,032-87,809, with a stop-loss at one times the position size.

Second, for Ethereum daily chart, it closed at 2,963 this morning, continuing the daily correction. Those listening carefully to Brother Rui’s ideas should remember there was probably a short position above 3,230. Watch below for support at around 2,830, and above for resistance at 3,070. Keep an eye on the previous low for a secondary dip; if broken, look at around 2,500. For the 4-hour chart, focus on the range of 3,026-3,154 above and 2,916-2,809 below. In the day, operate in tandem with Bitcoin, mainly shorting rebounds. Trading suggestions are to short around 3,010-3,041, with a stop loss at one times the position size. For contrarian northward trading in small quantities, try around 2,824, with a stop at 2,795.

Note: The suggested points and positions are for 1% of your capital. The article is time-sensitive; real-time guidance is based on the live room. Personal opinions only; for reference. Small capital compound interest. Good luck to everyone! #比特币跌破关键价位 #Gate平台动态与激励活动 #交易策略分享