12.14 Bitcoin market analysis reference

The Bitcoin intraday trend continues to show a wide oscillation pattern, with short-term movements being quite volatile, as the price hovers within a two-thousand point range. From the daily level, on December 12, the price dropped from 92630 to 89895 with a large volume bearish candle, indicating a short-term top reversal pattern. The current price is repeatedly contending around the 90000 psychological level, forming a doji pattern of indecision between bulls and bears.

At the 2-hour level, the price fell from 90599 to 90048, forming a series of bearish candles and a short-term descending channel, while continuously facing resistance from EMA7 (90152), EMA30 (90677), and EMA120 (90830). Meanwhile, all MACD indicators are below the zero line, with the 2-hour level showing a -46.6 green histogram. The short-term trend is still weak, continuing the wide oscillation pattern, but the short-term movements are rather volatile, as the price hovers within a two-thousand point range. It is advised to manage risk properly. The upper resistance to watch is 92000, and the lower support is in the 89000-88500 range.

12.14 Bitcoin short-term trading idea reference:

Lower entry point 92300-9300 short, stop-loss 95500, target: below 91500,

Upper entry point 88300-87300 long, stop-loss 500, target: above 89500,

12.14 Ethereum short-term strategy reference:

Lower entry point 3195-3145 light short, stop-loss 30 points, target below 3190,

Upper entry point 2981-3031 long, stop-loss 30 points, target above 3080,

The article may be delayed in sending, and the strategy suggestions are for reference only. The market changes rapidly, regardless of how high the confidence in market judgment is, always set stop-loss and take-profit levels to secure gains. #BTC #美联储降息 #ETH #ETH🔥🔥🔥🔥🔥🔥