December 16 BTC/ETH Night Strategy
The rebound positions for Bitcoin are at 87800 and 89200. If it doesn't rebound above these, we will look for a retracement to support in the 86000 and 85000 range.
For trading strategy, consider a light long position at 86000, adding to the long position at 85000, aiming for the first resistance level of 87800 and if it breaks, continue looking at 89200.
For Ethereum, the rebound positions are at 2980 for the first resistance and 3050 for the second resistance. If it doesn't rebound above these, it will continue to retrace to the 2900 and 2870 range. For trading strategy, consider long positions in the 2870 and 2800 ranges.
ETHUSDT
Perp
2,814
-4.39%
BTCUSDT
Perp
85,796
-1.99%