12.23 Morning Market Analysis and Trading Suggestions

The bullish trend of Bitcoin has not been broken; the pullback phase is a great opportunity to position long orders.

From the 4-hour technical perspective, the price is running closely along the middle Bollinger Band, and the upward structure remains intact; the MACD lines continue to stay above the zero line without forming a dead cross, indicating that the bullish dominance has not shifted. Although the short-term buying momentum has slowed down, the bearish downward momentum is nearing exhaustion; the KDJ indicator is about to form a golden cross at a low level, releasing a clear upward signal. The selling pressure above is part of the main force's market wash behavior and does not affect the mid-term bullish logic.

Trading Suggestions: You can position long orders around the 88000 and 87500 levels, with the first target set at 90500. If this price level breaks, further targets can be set at 92500$BTC $ETH #美联储回购协议计划 #加密市场观察 .