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BTC/ETH Sharing on the Morning of Monday, December 29
In the one-hour chart, the price continues to stay above the middle band of the Bollinger Bands, maintaining a pattern of oscillating upward. However, the recent several candlesticks have noticeably long upper shadows, indicating increased resistance at higher levels, and the short-term technical pattern is becoming more indecisive. Moving forward, it is important to pay attention to news developments and be alert to potential catalysts that could trigger a breakout. The early trading strategy can still focus on buying on dips after a pullback.
Bitcoin (BTC) range: 87,600-87,100, aiming for around 88,500
Altcoin (ETH) range: 2,910-2,930, aiming for around 3,070
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