#以太坊行情解读 12.20 Market Quick Read | How to Play Bitcoin and Ethereum, Key Levels Are Here
Today, $BTC and $ETH are both oscillating and rebounding, showing some movement, but honestly, there's significant resistance above. Until there's a confirmed breakout, don’t expect a skyrocket; operate within the range and look for opportunities to continue the trend at key levels.
First, look at the data——
For $BTC: It’s stuck between 89300-89500, which is the critical breakout zone. Only a break above it counts. Support levels are at 87300-87500 and 86700-87000.
For $ETH: The pattern is similar: resistance at 3000 and 3020-3030. The 3000 level is a psychological barrier for many. Support is at 2955-2960 and 2940-2945.
The trading approach is as follows——
For long positions in $ETH: Try entering around 2955-2960, add on dips to 2940-2945, with a stop loss at 2920—don’t be foolish. The target is 2985-3000; if it breaks resistance, aim for 3020-3030. Conversely, if it faces resistance and stalls, shorting is also an option.
$BTC follows a similar rhythm: enter at 87300-87500, add on dips at 86800-87000, with stops not too close, around 86500 as a bottom line. The target is 88700-88900; if broken, look toward 89300-89500. Same for shorts.
In this market, the Bollinger Bands are tightening, and the oscillation pattern is very clear, so one sentence—keep positions light, set proper stops, wait for a confirmed breakout of the range before taking heavy positions. Don’t rush; this is when mistakes are most likely.