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This afternoon, the coin price continued its previous rebound trend as expected. After approaching the 94,000 mark, the market saw some pullback and consolidation, with the price oscillating sideways below 93,000. After the US stock market opened in the evening, the market experienced wide fluctuations between bulls and bears, but there is still no clear directional choice. After testing 92,000, the price quickly rebounded. The idea I shared with everyone this afternoon about the continuation of the rebound was once again spot on. My strategies are always provided in advance. If you also have this kind of win rate and market sense, why worry about not being able to secure steady profits in the crypto market?
Looking at the four-hour chart for BTC, after a series of bullish candles broke through to the upper band, the market experienced two consecutive bearish candles for pullback and correction. The long wicks on the K-lines indicate that after repeated surges, the upward momentum has met some resistance. Currently, the K-lines show a clear bearish divergence, and the bullish trend is weakening, with an increasing need for a market correction. The four-hour KDJ indicators are converging downward, forming a death cross, suggesting the price may continue to test lower levels in the early morning. On the short-term hourly chart, after a price surge, there has been a sustained correction as bearish candles engulf bullish ones. The price has now fallen below the middle band again. The hourly MACD histogram shows increasing bearish momentum, but the Bollinger Bands are narrowing, so the downside is limited. The short-term strategy should focus on short positions, but after the market closes at midnight, we still expect the rebound trend to continue, so the main strategy will shift to long positions.
Short BTC near 92,500, watch for support near 91,500; short ETH near 3,100, watch for support near 3,000. #十二月行情展望