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Liang Qiu: Take profits on Bitcoin/Ethereum long positions at 12.10; expect further gains followed by a pullback tonight.

2025-12-10 15:41:58
Shareshare
Following the overnight surge and subsequent pullback in Bitcoin/Ethereum, the long positions initiated during the day around 91500-92000 and 3290 were limited by Bitcoin's initial weakness. Ethereum, however, saw some gains after multiple attempts to break through 3370 and 3340. Currently, everyone is awaiting the interest rate decision data overnight. The intraday highs have been consistently lower, indicating a weakening trend. Furthermore, Bitcoin and altcoins are generally retracing, suggesting yesterday's rally may have been a pre-emptive move. Resistance remains at 95000 and 3400. Long positions should be closed out, and short positions can be initiated on any rallies tonight. Evening trading suggestions: Bitcoin: Short around 92300-92800, target around 90500; Ethereum: Short around 3340-3360, target around 3260, with further downside targets around 89000 and 3180 if the price breaks down. Daily analyses and strategies with high win rates are available for viewing. However, these analyses and strategies are for reference only; please bear your own risks. Article review and publication may not be timely; please refer to real-time updates.
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