#以太坊行情技术解读 December 17 Morning $BTC Market Analysis

【$ETH Technical Analysis】

Rapidly surged from the low of 86038.5 to a new high of 88143.9, then oscillated and pulled back to stabilize around 87400. In the morning, it rebounded to 87720.5. Overall, this is a correction after a surge. Short-term fluctuations are mainly concentrated in the 87400-88000 range.

How to view support? 87400 is the first line of defense, with the previous platform bottom at 87000 below. If it falls below 87400, it is highly likely to test the strength of 87000.

What about resistance? 88143.9 is a key resistance, and don’t underestimate the 88000 integer level. If it can stabilize above 87800, the probability of breaking through 88143.9 increases. Once broken, the upward space opens up.

Currently, $BTC is still in the rebound correction stage, likely fluctuating between 87500-88000 recently. Whether it can break 88000 is a dividing line—breaking through will significantly strengthen the bullish trend.

**Trading Ideas:**
Go long when stabilizing around 87000-87400 with a small position, stop loss below 87000, first target at 87800-88000. If it can continue to break 88000, aim for 88150-88750.

For short positions, wait for a rebound to 87800-88000 encountering resistance, enter a small short, stop loss above 88200, target back to 87000-87400. If it continues to fall below 87000, look for a drop to 86100-86400.

【$BTC Technical Analysis】

From the low of 2885.46, the rebound strength is good, quickly surged to 2982.10 then retraced. Now it is consolidating around 2950, and earlier in the morning, it tested above 2970. Latest quote is 2956.63. In this deep V-shaped rebound and oscillation pattern, the bulls have relatively more momentum.

Key support is at 2950, followed by the rebound trend line at 2940. If it breaks below 2950, watch the 2940-2930 range.

On the resistance side, 2982.10 is the stage high, and 2970 is also a short-term rebound resistance zone.

Currently, $ETH bulls are dominant, with a higher probability of short-term oscillation leaning bullish.

**Trading Ideas:**
Go long when stabilizing at 2935-2945 with a small position, stop loss below 2930, target at 2965-2975. If it can hold above 2975, it may challenge 2982 and even surge toward the 3000 integer level.

For short positions, enter a small short when rebounding to 2965-2975 encountering resistance, stop loss above 2985, target back to 2950-2940. If it breaks below 2940, continue to look for a drop to 2915-2900.

**General Reminder:** $BTC and $ETH are both significantly constrained or supported by previous high and low points in the short term. The key is whether the breakout or breakdown of key levels can be effectively confirmed. Avoid chasing highs or selling lows.