12.4 Bitcoin Market Analysis Reference



Bitcoin continued to rise yesterday as expected, stabilizing above the 90,000 region. Currently, it is under pressure after reaching a high near 94,180. The market has pulled back and entered a high-level consolidation. On the short-term daily chart, the trend remains upward, with the price stabilizing at the middle band of the daily chart. As long as the price does not fall below the 90,000 level during pullbacks, the upward momentum is expected to continue.

On the short-term 4-hour chart, the recent candlesticks show a high-level oscillating pattern, with the price fluctuating repeatedly between 93,000 and 94,000. The current closing price of 93,904.99 is close to yesterday's high of 93,912.21, facing some selling pressure above and has not yet formed an effective breakout.

From a technical indicator perspective, the MACD's DIF line is above the DEA line and has just started to show increased volume, suggesting there is still short-term upside potential. However, due to heavy selling pressure above, caution is advised regarding the risk of a pullback. As for moving averages, EMA7 (92,762.24) and EMA30 (90,565.23) are both trending upward, forming recent support, while EMA120 (92,010.92) is also steadily rising, providing a support base for the medium- to long-term trend.

Operational advice: focus mainly on buying the dips, with support around the 90,000 area.

12.4 Bitcoin Short-term Trading Ideas for Reference:
- Test entry points for shorts at 94,300-95,300, stop loss at 97,500, target below 93,300.
- Test entry points for longs at 90,300-91,300, stop loss 500, target above 88,500.

12.4 Ethereum Short-term Strategy Reference:
- Test 3,265-3,315 for light shorts, stop loss 30 points, target below 3,160.
- Test entry points for longs at 2,981-3,031, stop loss 30 points, target above 3,100.

There may be a delay in article posting. The strategy suggestions are for reference only. The market is highly volatile and ever-changing. No matter how confident you are in your market analysis, always set your take profit and stop loss to secure your profits. #成长值抽奖赢iPhone17和周边 #十二月行情展望 #Post in the square to receive $50
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