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Liang Qiu: Bitcoin/Ethereum saw volatile price swings in the evening, and a pullback is expected in the early morning.

2025-12-08 00:07:28
Shareshare
Bitcoin/Ethereum saw two intraday trades executed with a short-selling strategy. The second trade targeted 89500 and 3020, directly hitting the recent highs of 3070 and 90300, as previously mentioned. The price action from the lows of 2903 and 87700 to the highs of 91500 and 3133 has been relatively strong. The recent sharp decline has been followed by a gradual rebound, currently forming a volatile upward trend. The long lower shadow on the 4-hour chart indicates strong buying support at lower levels. Technically, on the 4-hour chart, both the DIF and DEA are near the zero line, and the MACD histogram has turned positive, indicating increasing bullish momentum. However, the sustainability of this momentum needs to be monitored. Currently, the price is approaching previous resistance levels, suggesting a potential pullback. Early morning trading suggestions: Short Bitcoin around 91300-91800, target around 89000; Short Ethereum around 3130-3150, target around 3040, if it breaks down, continue to look for further downside targets at 93000 and 3200. Daily analysis and strategies have a high win rate and are available for viewing. However, analysis and strategies are for reference only; please bear your own risk. Article review and publication are not timely; please refer to real-time information.
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