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12.30 - Jiru Feng Evening Market Analysis (BTC/ETH):
Long story short, Lao Ji has been recommending low buys around 86500-87500 for the past week, with almost no misses. Past records can be checked.
Currently, the overall market is still oscillating within the range. The early morning also suggested buying on dips with room to go higher. Recently, the 90,000 level has been tested 3-4 times without breaking through. As the monthly candle closes, in my view, the technical outlook is bullish with no issues. It is expected to test the 90,000 level again and stabilize. Waiting until early 2026 to look for shorting opportunities. If a smaller timeframe breaks above the resistance at 90500, then wait. The market tests the second resistance at 94000. I think shorting is premature. These days, focus on buying on dips, wait for a rebound, gather enough bullets, then short.