Xiaoyao KOL: Bitcoin and Ethereum Market Analysis for Early Morning on 12.11



Bitcoin has recently experienced a significant increase in price, forming a long bullish candlestick, but then it oscillated and retraced from high levels. Overall, the trend shows a rise followed by consolidation. Currently, the K-line is at a relatively high position, not breaking through previous highs. The momentum is temporarily balanced. In the 4-hour cycle, DIF and DEA continue to diverge upward. The MACD histogram indicates weakening of bullish momentum but still remains advantageous. On the daily chart, after a golden cross, the MACD is gradually leveling off, and attention should be paid to whether it will turn into a dead cross. The current price is above the EMA7, EMA30, and EMA120. Short-term moving averages are turning upward, and medium to long-term averages remain bullish, indicating the overall trend is still bullish. The low-position accumulation of Doudan in the afternoon suggests patience in holding, waiting for further market rally #美联储降息预测 #广场发帖领$50 #加密市场反弹
BTC-0.96%
ETH-0.4%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
sheShvip
· 12-11 03:40
Just go for it 💪
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)