December 31 Evening Bitcoin and Ethereum Operation Suggestions and Directions Share

Don't be blinded by ups and downs, cycle quietly accumulate energy, deeply cultivate a small area, and compound interest will harvest vast lands. In the afternoon, Bitcoin retraced after a series of gains, showing a rebound trend. After reaching around 89,000 in the evening, it faced resistance and is currently fluctuating around 88,700. Overall, the afternoon still belongs to a slow oscillating upward trend. Although it did not rebound to the target level as expected, it still aligns with our bullish outlook. Let's continue to observe how it develops.
From the current market situation, the 4-hour chart shows that with the intervention of the pullback, the bearish candles broke the consecutive bullish pattern, entering a correction phase. However, this intervention did not bring significant change, and the upward momentum continues with the three-line moving average rising, indicating that the upward space is still available. The MACD fast and slow lines are below the zero axis, with DIF crossing above DEA to form a bullish crossover, and green energy bars continue to expand, indicating that the short-term trend will continue. Therefore, tonight's operation suggestion from Lao Zhao is still to follow the afternoon strategy, mainly buying on dips.
Bitcoin: 88,800-88,300 can buy more, watch for 90,000
Altcoin: 2,990-2,960 can buy more, watch for 3,070#ETH #BTC