[Today's market analysis - 12.7]
For technical analysis learning only, not investment advice, risks and profits are self-responsible.
1. Market overview
Market atmosphere: Currently, the overall situation is a neutral fluctuation pattern, with heat concentrated on mainstream coins, sufficient funds, but significant short-term divergence between bulls and bears.
Hot news:
Bitcoin has dipped to the critical $89,000 range, with an increased atmosphere of market wait-and-see. Mainstream ETF inflows have slowed, with some funds flowing into Ethereum and other varieties.
Ethereum is influenced by the Fulu-Osaka upgrade and increased holdings by major institutions, with $3,000 becoming an important support level.
Market expectations: need to pay attention to short-term fluctuations of global risk assets and related policy guidance from the Federal Reserve, which will have an increasing impact on mainstream coin prices.
2. BTC market analysis and trading suggestions
Latest spot price: 89,447 USDT
High concentration of chips, the main force remains in control.
The competition between long and short is becoming intense, with a neutral to slightly bullish performance.
Intraday trading opportunities:
Buying on dips: 88,500 ~ 89,200 USDT, gradually light position buying with a stop loss at 87,800, watching for rebound targets at 90,800 ~ 91,900 USDT.
High shorting at elevated levels: 91,500 ~ 92,300 USDT, if encountering resistance at high levels, attempt light shorting with a stop loss at 92,800, target for pullback at 90,000.
Suitable for quick in-and-out trading, cautious of chasing highs, focusing mainly on swing participation.
3. ETH market analysis and trading suggestions
Latest spot price: 3,046.5 USDT
The main force's control has strengthened, and external whales' short-term positions have decreased.
Market sentiment is neutral, with a slightly bullish strength, and on-chain chips are stable.
Intraday trading opportunities:
Buying on dips: 3,010 ~ 3,020 USDT, gradually light position buying with a stop loss at 2,970, looking for rebounds at 3,120 ~ 3,180 USDT.
High shorting at elevated levels: 3,150 ~ 3,190 USDT, if facing pressure in the resistance zone, attempt light shorting with a stop loss at 3,230, target for pullback at 3,070.
Swing trading is dominant, but it is necessary to guard against sudden capital movements and rapid fluctuations linked to mainstream coins.
4. Warm tips and exploration direction
Current market oscillation is slightly bullish; it is recommended to trade lightly, selling high and buying low, avoiding heavy positions chasing highs or cutting losses, and strictly implementing stop-loss.
