12.9 Bitcoin Market Analysis Reference

In the evening of the day, bullish sentiment has warmed up, and the market continues to show an upward trend. The current price has returned to the area above 92000, testing upwards at the 92000 line, facing resistance and a pullback. The market has entered a consolidation phase again, with both bulls and bears in a stalemate. The subsequent focus should be on the breakthrough situation at the 92000 line and the support situation at the 90000 line. If the market can break through again, then the upward space will be further opened; conversely, if it falls below 90000, it will continue to exhibit weak consolidation, with a possibility of retracing to the 89000 support.

Looking at the hourly chart, the Bollinger Bands are in a contraction posture, with the market running near the upper mid-band, showing obvious selling pressure. The price encountered selling after reaching near 92000, forming a technical reversal signal. From the indicators, the MACD has entered the negative zone, and the DIF and DEA have formed a dead cross and continue to extend downward, showing signs of weakness in the short term. At the same time, the EMA (7) has crossed below the EMA (30), forming a bearish crossover of the short-term moving average with the long-term moving average, indicating that the trend may continue to weaken in the short term. The upward momentum is starting to weaken, but the trend is showing a volatile upward pattern, with a small pullback only after breaking through; thus, during the consolidation phase, the market is temporarily unclear. It is advisable for everyone to wait for a breakout or pullback to re-enter. Recently, Bitcoin has had significant fluctuations in its daily price, and the author Mr. Coin suggests that all coin friends manage risks reasonably and maintain stop-loss and take-profit levels.

12.9 Bitcoin Short-term Trading Ideas Reference:

Downward test entry point 92300-93300 short, with a stop-loss at 95500, target below 901500,

Upward test entry point 87300-88300 long, stop-loss 500, target above 89300,

12.9 Ethereum Short-term Strategy Reference:

Downward test 3195-3145 light short, stop-loss 30 points, target below 3090,

Upward test entry point 2981-2931 long, stop-loss 30 points, target above 3020,

The article is delayed in sending, and the strategy suggestions are for reference only. The market is changing rapidly, and regardless of how accurately one assesses the market, stop-loss and take-profit must be managed well, securing profits is essential, #BTC #ETH #ETH走势分析 #ETH（二饼）