12.13 Bitcoin Market Analysis Reference

Bitcoin maintained a rebound and pullback trend overall yesterday, with the price fluctuating above the support level of 90,000. The intraday early morning trend continued to rebound until the evening when the price was again under pressure due to news, currently running near d9dvn. The daily level trend still maintains a weak consolidation, and the intraday fluctuation range is continuously being compressed. If it falls below the short-term support of 89,000 again, the market is expected to test downward further. The weekend market is expected to continue the fluctuation rhythm, so it is advised for all coin friends to be well prepared.

On the short cycle four-hour chart, the price is currently rebounding and falling back, with a long upper shadow appearing near 92,630 combined with a large bearish candle, forming a significant pressure signal; the daily line has closed below EMA7 for three consecutive trading days, presenting a descending three methods pattern. Although the hourly chart has formed a double bottom structure in the range of 89,688-90,617, the overall trend is still constrained by the pressure above. Technical indicators further confirm the weakness: the 4-hour MACD's DIF has crossed below the zero line (currently at -98), and although the daily line MACD histogram has been shrinking for six consecutive days, the price has fully fallen below all cycle moving averages, including EMA7, 30, and 120, and the short, medium, and long-term EMAs are showing a bearish divergence pattern, indicating that the cycle trend is still inclined to weakness. Therefore, the weak fluctuation pattern is expected to continue, and there is still a risk of the price retracting towards the lower support during the day. It is recommended to operate primarily with short positions on rebounds.

12.13 Bitcoin short-term operation ideas reference:

Lower test entry point 92,300-93,000 short, stop-loss at 95,500, target 91,500 below,

Upper test entry point 88,300-87,300 long, stop-loss 500, target 89,500 above,

12.13 Ethereum short-term strategy reference:

Lower test 3,195-3,145 light short, stop-loss 30 points, target 3,190 below,

Upper test entry point 2,981-3,031 long, stop-loss 30 points, target 3,080 above,

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 and grasp of the market are, stop-loss and take-profit must be well managed, cashing out is safety, #BTC #ETH #ETH🔥🔥🔥🔥🔥🔥 #ETH（二饼）