Little Finance Kid 12.1 Evening Market Analysis Strategy
From the 4-hour level trend, after a sharp decline in the intraday big coin, there has been a slow recovery, but the overall rebound structure is weak, and the short-term trend dominated by bears has not undergone substantial changes. In terms of candlestick patterns, the bearish engulfing pattern formed by the previous sharp drop has not been broken, and during the rebound process, small real body bullish candles have appeared multiple times, lacking sustained upward momentum.
On the indicator level, the Relative Strength Index (RSI) slightly rebounded after reaching the oversold range in the morning but is still below the 50 neutral line, with no effective breakout formed, and the rebound momentum gradually diminishing; the MACD histogram continues to narrow but remains below the zero axis, and the dual lines have not formed a golden cross resonance $BTC .
In terms of support and resistance, the lower support is at 85000, and the upper resistance focuses on the 89000-90000 range.
Operating strategy: mainly short on rebounds.
BTC rebounds to the 88000-89000 range, target 86000, looking down at 84500.
ETH rebounds to the 2860-2900 range, target 2820, looking down at 2750.
If the big coin breaks through the 89000 resistance, it proves that the rebound momentum is strong, and timely stop-loss is needed, waiting for the high point to stabilize before entering the market again.
Personal advice is for reference only and does not constitute investment advice!
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