Bitcoin and Ethereum Evening Trading Suggestions and Future Trend Analysis: 12/25 Currently, the market is in a downtrend, and technical signals indicate that the market may continue to decline. The appearance of the Evening Star pattern, along with a bearish alignment of moving averages, suggests weakening market momentum and significant short-term downside risk. However, the price is approaching the strong support level of 86,300 USDT, and it is important to monitor whether this area can effectively halt the decline. Given that the current market is in a downtrend, but the price is near the strong support level of 86,300 USDT( precondition), which is a previous low point with high support strength, it is expected that the price may rebound in the short term( secondary condition). Therefore, a strategy of buying low near the support level to take advantage of potential rebounds is recommended( conclusion). Analyst Xiao Ma's Daily Trading Recommendations:


Bitcoin: Buy near 86,500-87,000, target 88,000-88,500
Ethereum: Buy near 2,900-2,920, target 2,980-3,030#2025Gate年度账单 #加密市场小幅回暖 #ETH走势分析
BTC0.38%
ETH0.24%
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)