#战略性加仓BTC December 30th Early Morning Market Observation:
Bitcoin continued its strong momentum tonight, oscillating within the 89,500-90,500 range, with a high approaching 90,450 (near the intraday high of 90,373) and a low around 89,200 seeking support. The evening trading executed smoothly, with a profit-taking range of about 2,600 points, and some positions added with 120 points.
Let's review the upcoming trading ideas:
For $BTC, the key resistance zone is around 87,900-88,400. A breakout could lead to looking for long-term support around 86,800-85,800. Regarding $ETH, the recent key levels are 2,950-2,970. If it pulls back, focus on support around 2,900-2,870.
Overall, the market currently shows clear signs of consolidation at high levels. Patience in waiting for breakout signals is more prudent.
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MercilessHalal
· 7h ago
90450 hasn't been broken yet, still dragging on. This high-level consolidation is really a bit annoying.
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NoodlesOrTokens
· 20h ago
Consolidation at high levels is just a shakeout, and we're always talking about waiting for a breakout signal... When will it finally come?
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BtcDailyResearcher
· 20h ago
High-level consolidation is like this; be patient, or you'll easily get pushed out.
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MidnightGenesis
· 20h ago
On-chain data shows that this tug-of-war is indeed interesting. If the 87,900 level is broken, then it’s worth watching... As expected, it’s another pattern of high-level consolidation. Deploying these support levels late at night probably won’t be that simple.
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ser_ngmi
· 20h ago
90450 still hasn't broken through, feels like this wave is just repeatedly grinding the level. Adding 120 points might be a bit conservative.
#战略性加仓BTC December 30th Early Morning Market Observation:
Bitcoin continued its strong momentum tonight, oscillating within the 89,500-90,500 range, with a high approaching 90,450 (near the intraday high of 90,373) and a low around 89,200 seeking support. The evening trading executed smoothly, with a profit-taking range of about 2,600 points, and some positions added with 120 points.
Let's review the upcoming trading ideas:
For $BTC, the key resistance zone is around 87,900-88,400. A breakout could lead to looking for long-term support around 86,800-85,800. Regarding $ETH, the recent key levels are 2,950-2,970. If it pulls back, focus on support around 2,900-2,870.
Overall, the market currently shows clear signs of consolidation at high levels. Patience in waiting for breakout signals is more prudent.