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12.24 Wednesday Bitcoin Ethereum early morning analysis
According to the evening market dynamics, Bitcoin began to show signs of a pullback after reaching a high of 87900, dropping to a low of around 86500, and then quickly rebounding to 88100.
Currently, the bullish strength on the daily chart has weakened, forming a bearish candle with a lower shadow. On the four-hour chart, although the bullish strength has diminished, it still shows a bullish candle trend, with key resistance near 88500.
On the hourly chart, bullish strength is starting to show, with two consecutive bullish candles appearing, gradually forming an upward breakout trend.
Bitcoin recommendation: 87300-87100 target 88500
Ethereum suggestion: 2920-2880 Target 3000
#BTC #ETH #BNB