#原油 12.12 Midday Crude Oil Insights

The diplomatic efforts between Russia and Ukraine have suppressed the geopolitical risk premium, leading to a slight decline in the demand for hedging against crude oil risks; at the same time, the global supply-demand balance for crude oil remains loose, and doubts about the effectiveness of OPEC+ production cuts further pressure oil prices. However, the 56 level serves as a strong medium-term support, intensifying the market's debate over the strength of support at this position, with short-term cautious sentiment among investors rising;

The daily chart shows a minor fluctuation testing the previous low of 56, while the hourly chart still indicates a bearish trend, with prices falling from a high of 58.859 to a low of 56.846. The current price of 57.746 is in a rebound correction phase, but the moving average system still presents a bearish arrangement, and there has not been a substantial reversal of the downtrend;

The MACD on the hourly chart shows signs of a golden cross below the zero line, indicating a weakening of bearish momentum and reflecting short-term rebound demand. However, the indicators have not signaled a large-scale bullish entry, and the daily MACD also entangled below the zero line indicates insufficient bearish pressure, leaving oil prices in a fluctuating state before the strong support at 56.

Operational Suggestions: Light short positions near 58.0-58.3

Stop Loss: 58.9

Target: 57.0, 57.3#美联储降息 #加密市场观察 #美联储FOMC会议 $BTC $ETH