December 18 Evening Bitcoin and Ethereum Trading Suggestions and Directions


After the release of the CPI annual rate and initial jobless claims for the week, does it align with last night's bullish and bearish signals?
If: CPI is below expectations: The market may experience a phased rebound.
CPI is above expectations: The market faces liquidity tightening pressure, and short-term correction risks increase.
CPI is in line with expectations: The market enters a wait-and-see period, volatility may narrow, showing range-bound fluctuations.
Personally, I think: The evening trend is a rebound and extension. Currently, it stabilizes around the 87200 level, just one opportunity away from a breakout. The afternoon has been in a range-bound correction. Although it is developing with a slow upward trend, overall, it remains a rebound and extension upward trend. Evening trading suggestions are to trade around the support level, with stops set at the 86000 support line.
For Bitcoin, buy near 87000-86500, watch for a breakout above 88500 to continue upward.
For Ethereum, buy near 2850-2830, watch for a breakout above 2950 to continue upward.
ETH5.59%
BTC3.25%
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