Bitcoin has experienced a rebound and is currently in a high-level consolidation. From the daily chart, the moving averages are showing a bullish alignment, with MA20 and the middle band of the Bollinger Bands forming strong support. The medium-term upward framework has not yet been broken. However, from the 4-hour MACD indicator, the red bars are shortening, indicating that bullish momentum is marginally weakening. At the same time, the KDJ and RSI indicators show overbought conditions, suggesting a short-term pullback may be needed, but no clear signs of weakening have appeared. Therefore, resistance above Bitcoin can be watched at 94500, with support at 89000.
Bitcoin recommendation: Short at 93200-94000, target 91000
Ethereum recommendation: Short at 3370-3400, target 3300
Tonight, the Federal Reserve's interest rate decision will be an important market variable. If Bitcoin successfully breaks through the 94500 resistance level, investors need to adjust their strategies and cut losses in time. After the price pulls back, look for new entry opportunities. #美联储降息预测 #广场发帖领$50 #加密市场反弹 #BTC #ETH
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12.10 Evening Bitcoin and Ethereum Analysis
Bitcoin has experienced a rebound and is currently in a high-level consolidation. From the daily chart, the moving averages are showing a bullish alignment, with MA20 and the middle band of the Bollinger Bands forming strong support. The medium-term upward framework has not yet been broken. However, from the 4-hour MACD indicator, the red bars are shortening, indicating that bullish momentum is marginally weakening. At the same time, the KDJ and RSI indicators show overbought conditions, suggesting a short-term pullback may be needed, but no clear signs of weakening have appeared. Therefore, resistance above Bitcoin can be watched at 94500, with support at 89000.
Bitcoin recommendation: Short at 93200-94000, target 91000
Ethereum recommendation: Short at 3370-3400, target 3300
Tonight, the Federal Reserve's interest rate decision will be an important market variable. If Bitcoin successfully breaks through the 94500 resistance level, investors need to adjust their strategies and cut losses in time. After the price pulls back, look for new entry opportunities. #美联储降息预测 #广场发帖领$50 #加密市场反弹 #BTC #ETH