12.3 Bitcoin Market Analysis Reference

Bitcoin retraced again last night and returned to the area above 90,000, breaking through the key resistance of 90,000. Currently, the short-term price has entered a consolidation phase again, with both bulls and bears operating near the daily mid-track, and the pattern is not very clear. Additionally, the short-term price volatility is quite strong, so Mr. Coin advises everyone to wait and see for now, considering entering the market only when support is reached or resistance stabilizes. Previously, a long lower shadow appeared on the daily level (December 1 low of 83822.76), followed by a rapid rebound and a bullish engulfing pattern; the price briefly broke through the previous high of 92307 but then fell back to form a false breakout structure. The monthly line has remained around 91500 for three consecutive months, showing a high-level sideways consolidation trend.

In terms of technical indicators, the daily MACD golden cross has occurred, and the histogram continues to expand, but the DIF line remains below the zero axis. The hourly MACD double lines are flattening at a high level. In the moving average system, the daily price has stabilized above EMA7 (89743) but is clearly constrained by EMA30 (94686); the hourly moving averages are in a bullish arrangement (EMA7 > 30 > 120), and the short-term structure remains strong. Overall, the market is in a consolidation pattern below the key resistance area. If the rebound strength weakens and fails to break through the stabilization area, it is expected that the price will retrace, and the price is anticipated to decline again, so please prepare in advance.

12.3 Bitcoin Short-term Trading Strategy Reference:

Short position entry point 92500-93800, stop loss at 95500, target: below 91300,

Long position entry point 86500-87500, stop loss 500, target above 88500,

12.3 Ethereum Short-term Strategy Reference:

Short position entry point 3065-3015, stop loss 30 points, target below 2960,

Long position entry point 2881-2831, stop loss 30 points, target above 2920,

The article is sent with a delay, and the strategy suggestions are for reference only. The market changes rapidly, and regardless of how confident one is in market judgment, stop-loss and take-profit measures must be taken to secure profits. #BTC #ETH #ETH🔥🔥🔥🔥🔥🔥 #ETH（二饼）