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12.29 Evening Review: Long Position Strategy
After the daily chart bottomed out and stabilized, increased volume and a strong long bullish candle broke through the middle band resistance, with bullish momentum and space far exceeding expectations. Previously, the dip below support did not lead to further decline; the sideways consolidation at low levels accumulated strength and gained room, forming a complete bullish pattern.
Technically, the breakout from the oscillation box completed a top-bottom reversal, firmly indicating strength without signs of topping. After a small cycle consolidation, continuous bullish candles pushed higher, breaking new highs. The bullish candles are full-bodied with strong continuation, and minor pullbacks during the session serve as support levels for upward movement.
Bitcoin (BTC) suggestion: Buy in the 86,800-87,300 range, target 88,500 and 90,500
Ethereum (ETH) suggestion: Buy in the 2,910-2,880 range, target 2,960, 3,000, and 3,045#2025Gate年度账单