Bitcoin and Ethereum Evening Trading Suggestions and Future Trend Analysis: On December 16th, the market is currently showing clear directional uncertainty on the 4-hour chart. Technically, the moving average system is in a bearish alignment, with the price below the moving averages, releasing a strong sell signal. However, the recent bullish engulfing pattern suggests a potential market reversal, creating a conflict between bullish and bearish signals. Furthermore, the shrinking trading volume indicates limited selling pressure and a wait-and-see attitude among investors. The market is currently in a consolidation range (trend unclear), and the price is approaching the strong resistance level of 88247.1 USDT. Combined with the bearish moving average alignment, shorting near the resistance level is a prudent choice in the current market context. My suggested trading strategy is to primarily short at higher levels: Bitcoin: Short around 87500-88000, target 86000-85500; Bitcoin 2: Short around 2960-2980, target 2880-2830.
Bitcoin and Ethereum Evening Trading Recommendations and Future Trend Analysis: 12/16
2025-12-16 11:54:01
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