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12-20 Morning Analysis (Chi Li)
From the hourly chart, after sufficient adjustment overnight, the price has tested the 88,000 level multiple times without effectively breaking below it. The defense of this support level has been further validated, with bullish momentum clearly strengthening, and a short-term rebound pattern has initially been established.
Operational Suggestions:
• Bitcoin (BTC): Recommend gradually entering long positions in the 87,000–87,500 range, targeting the 89,000–89,500 range.
• Ethereum (ETH): Recommend gradually entering long positions in the 2,920–2,950 range, targeting the 3,000–3,300 range.
Trading involves risks. Be sure to set stop-loss orders strictly, control position sizes reasonably, and follow the trend. #BTC