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December 17 Morning Analysis
Non-farm payroll data unexpectedly strong, but the unemployment rate rose to a four-year high. Amidst these conflicting signals, the market direction remains unclear. Some opinions suggest that interest rates may have further room to be lowered. Although the coin price did not fall sharply, the rebound is also weak.
On the daily chart, Bitcoin closed with a long lower shadow bullish candle, while Ethereum recorded a long lower shadow doji. The appearance of a doji during a decline often indicates a potential rebound, so do not blindly chase short positions! Today, the focus remains on buying low after a pullback.
Trading Suggestions
Buy on dips around 87,000-86,500, with targets at 88,500-89,200. Breakouts should be followed for further gains.
#BTC行情分析 #市场触底了吗?