12.12 Bitcoin Market Analysis Reference: Bitcoin's intraday price has once again retraced, and the short-term trend remains weak and volatile. The previous gains have been largely retraced, but the key support at 89,000 has not been broken. The short-term consolidation pattern will not change. On the daily chart, the trend is operating around the middle band, and the market has entered a consolidation phase. However, the critical support at the middle band has not been breached, so the short-term trend is in consolidation. On the 4-hour chart, a hammer with a long lower shadow appears, indicating strong support near 89,000. However, the daily chart shows three consecutive bearish candles, forming a descending three-method pattern.

In terms of technical indicators, MACD on both the 4-hour and daily levels is below the zero line, with the fast and slow lines crossing in a death cross and the histogram continuously expanding. Additionally, the price has broken below the 7, 30, and 120-period EMA lines, with multiple EMAs showing a bearish alignment.

In the near future, focus on the support around 88,800. Do not chase short positions before a confirmed breakdown. The strategy is to go long low and short high. Resistance above is around 92,000-92,500, and support below is at 88,500-89,000.

12.12 Bitcoin Short-Term Trading Strategy Reference: Short entry at 92,300-93,000 shorts, with a stop loss at 95,500, targeting below 91,500. For long positions, enter at 88,300-87,300, with a stop loss of 500, targeting above 89,500.

12.12 Ethereum Short-Term Strategy Reference: Light short at 3,295-3,245, with a 30-point stop loss, targeting below 3,190. Long entry at 3,081-3,031, with a 30-point stop loss, targeting above 3,180.

There may be delays in article delivery. The strategy suggestions are for reference only. Market conditions change rapidly. Regardless of how confident you are in your market judgment, always set proper take-profit and stop-loss levels to secure gains. Cash out when possible. $BTC $GT $ETH #美联储降息预测 #加密市场反弹 #Post on the forum to receive $50