12.10 Bitcoin Market Analysis Reference

The Bitcoin market continued to fluctuate yesterday, repeatedly touching the support near 90,000 in the evening and making a strong rebound. The current price has returned to around 94,000, and the market rebound has entered a high-level consolidation. However, the overall downward trend has not yet dissipated. If the price cannot sustain the rebound and break through the 95,000 level, it is expected that the price will retract to the support around 90,000 to 91,000. I hope all coin friends can prepare in advance.

From the short-term hourly chart, the Bollinger Bands show an opening posture, with the trend running near the upper band. From a technical perspective, it presents a clear short-term strong characteristic. On the daily level, after the price confirmed the bottom support around 89,612 with a long lower shadow on December 8, it has closed higher for three consecutive trading days. Meanwhile, the daily MACD histogram (value 1937.80) has started to shrink and turn positive, indicating a depletion of downward momentum. At the same time, the 4-hour level trend is even stronger: the price quickly rose from 90,384.54, breaking through the EMA7 moving average (91,777.88), and once touched 93,969.66, forming consecutive bullish candles and a steep rising channel. The MACD indicator at this level also confirms the upward trend, with its DIF line (405.49) crossing above DEA to form a golden cross, and the histogram continuing to expand to 641.57. The short-term bullish momentum is weakening, and we will see if it can stabilize around 93,000. It is recommended to focus on long positions on pullbacks.

12.10 Bitcoin Short-term Trading Strategy Reference:

Short entry point 94,300-95,300, stop loss 97,500, target below 93,500,

Long entry point 90,300-91,300, stop loss 500, target above 92,300,

12.10 Ethereum Short-term Strategy Reference:

Short entry point 3,395-3,445, stop loss 30 points, target below 3,090,

Long entry point 3,181-3,131, stop loss 30 points, target above 3,220,

The article is sent with a delay, and the strategy suggestions are for reference only. The market changes rapidly, regardless of how high the judgment on the market is, it is essential to have stop-loss and take-profit measures in place to secure profits. #BTC #ETH #ETH🔥🔥🔥🔥🔥🔥 #ETH（二饼）