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#大户持仓动态 December 17th, Wednesday night $BTC $ETH Market Review
Looking at the four-hour cycle, the Bollinger Bands are continuously expanding downward, indicating clear bearish pressure. The price has approached the resistance level of 88,500 multiple times but has not been able to break through effectively. There is still considerable selling pressure above.
In the past two days, 85,000 has become a key support level, and it will need to be tested again to see if it can hold.
Evening trading suggestions: primarily focus on short positions, with occasional long positions on rebounds. Currently, the price is still in a relatively low range, so it’s advisable to wait and see if there’s a rebound opportunity before entering the market.
$BTC suggested focus: 87,200-87,500 (Current price: 85,500)
$ETH suggested focus: 2,980-3,010 (Current price: 2,800)
The movements of large holders during this round of correction are worth paying attention to, as the market trend may be influenced by them. $BNB