Liangqiu: 12.10 Bitcoin/Ethereum Early Morning Trading Strategy with Market Analysis

After several days of consolidation, Bitcoin/Ethereum finally broke out and surged upward last night. Our evening trading plan also saw positions quickly closed out at the highs of 92,000 and 3,180. In terms of candlestick patterns, prices have shown a clear upward trend recently, with a sharp rally last night forming a strong breakout. The current candlestick is near the previous high around 3,350, indicating some resistance, but overall the bulls remain dominant. Technically, both DIF and DEA continue to trend upward, with strong bullish momentum as indicated by the increasing red bars. The market is now close to previous highs around 3,350 and 94,500; a surge followed by a pullback can be expected in the early morning.

Early morning trading suggestions: Short Bitcoin around 93,800 to 94,300, target near 92,000; short Ethereum around 3,330 to 3,350, target near 3,230, further downside if support breaks.

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