December 8 Evening Silk Road

Reviewing this morning, BTC precisely pulled back to the 89242 low and immediately stopped falling. It is currently consolidating around the key level of 91500, with rebound momentum continuously being released! ETH has also rebounded after bottoming out, quickly stabilizing and rising after testing the 3028 low, and has since climbed as high as 3179. The whole process closely followed BTC’s rhythm, with maximum linkage!

From the four-hour chart, bulls are steadily consolidating, always anchored in a steadily rising channel. The current trend is showing very strong continuity, and there are no effective reversal signals on the chart. Bulls are dominating the market with absolute control. The current market is entering a core phase of strong bull control, with volume release and trend direction forming a perfect resonance, further reinforcing the credibility of the upward logic. For the follow-up, if there is a minor short-term pullback, pay close attention to the effectiveness of support levels. Once support is confirmed to be solid, it will be an excellent opportunity to enter long positions at a low price.

Trading Suggestions
BTC: Go long around 91850-91650, target around 93500
ETH: Go long around 3130-3110, target around 3250