12.31 Wednesday Morning Briefing


Bitcoin stabilizes after narrow fluctuations in the early morning, currently holding above the key level of 88,200. After dipping to 88,500 in the early hours, it quickly recovered, demonstrating strong bullish resilience!
✅ Technical support is solid
The middle band of the Bollinger Bands provides strong support, and the upper band has fully expanded its space
Perfect and healthy volume-price structure—breakout with increased volume, retracement with decreased volume, clear accumulation pattern
The bullish foundation is solid, relying on support to test key resistance, and the upward trend is now a certainty!
🎯 Chi Li’s Core Strategy for Today
【Bitcoin】Buy low in the 87,500-88,000 range, targeting 89,100-90,100
【Altcoin】Position around 2,940-2,910, bullish to 2,990-3,020
As the New Year’s Eve window approaches, a trend-driven market is imminent!
Keep up with Chi Li’s rhythm and seize the last wave of year-end bonus opportunities!🚀
BTC1.39%
ETH1.18%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)