Operation suggestions for BTC and ETH on the morning of 12.2.
From the current structure, the 4-hour level shows that the Bollinger Bands ended the sideways consolidation in the evening. Currently, it is expanding the pattern, and the three tracks of the Bollinger Bands show signs of turning upwards. In the afternoon, it has developed a slow upward trend within the overall consolidation range, and in the evening, it provided a strong stretch, currently stabilizing around the 90700 line. The kDJ is continuously moving upwards within the three tracks, and the moving average line is in the overbought range, indicating an overall upward trend. Looking at the 1-hour level, the Bollinger Bands are expanding, with increased short-term volatility, the middle and upper tracks are continuously moving upwards, and the MACD is below the zero axis, but all indicators are moving upwards. The green volume bars are continuously increasing, and the short-term upper space is fully opened, with a strong bullish trend. The second pancake is in sync with the first pancake's market sentiment, showing significant correlation. The suggestion for operations in the early morning is to focus on buying on dips.
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Operation suggestions for BTC and ETH on the morning of 12.2.
From the current structure, the 4-hour level shows that the Bollinger Bands ended the sideways consolidation in the evening. Currently, it is expanding the pattern, and the three tracks of the Bollinger Bands show signs of turning upwards. In the afternoon, it has developed a slow upward trend within the overall consolidation range, and in the evening, it provided a strong stretch, currently stabilizing around the 90700 line. The kDJ is continuously moving upwards within the three tracks, and the moving average line is in the overbought range, indicating an overall upward trend. Looking at the 1-hour level, the Bollinger Bands are expanding, with increased short-term volatility, the middle and upper tracks are continuously moving upwards, and the MACD is below the zero axis, but all indicators are moving upwards. The green volume bars are continuously increasing, and the short-term upper space is fully opened, with a strong bullish trend. The second pancake is in sync with the first pancake's market sentiment, showing significant correlation. The suggestion for operations in the early morning is to focus on buying on dips.
BTC: Buy near 89500 to 90200, target 90700-91200-92000
ETH: Buy near 2950-2980, target 3005-3030-3075
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