Crypto Sister Red 12.15: Bitcoin daily support at the middle band turns into resistance! The trend will continue to decline! Today's latest Bitcoin (BTC) market analysis and trading suggestions!


#美联储降息 #十二月行情展望 #比特币行情观察 $BTC $ETH
Bitcoin is currently around 88,800, and the daily chart continues to face resistance at the 4H middle band and pulls back. The candlestick has already broken below the recent consolidation lows. The BOLL channel is forming an opening pattern, indicating that a major fluctuation is imminent. The lower band is approaching 88,000, and the market continues to extend toward the lower band. The red volume in the MACD is relatively balanced, DIF and DEA show a second divergence and opening phenomenon, the three lines of KDJ are turning downward again approaching 15, and RSI's three lines are failing to turn upward again, indicating that the downward space is not yet exhausted. On the upside, watch for the middle band being pushed below 90,500 and continuing downward; intraday, there may still be high point pressure that can serve as a key resistance level.

In the 1-day chart, Red Sister has also mentioned that the BOLL middle band will become a pressure at the open. Yesterday's candlestick successfully closed lower again, but the lower band rose to around 87,100. Red Sister suggests that this wave of shorting can target near this level. Whether it will fall further depends on whether DIF and DEA, after converging, can further form a death cross. If support below the 1-day lower band fails to hold, this week's trend may continue to decline to the 2-day lower band and the weekly EMA120 zone. In summary, Red Sister recommends mainly entering short positions on rebounds!

Sell point: Short below 89,600 with a stop loss above 90,500; take profit at 88,700-87,100. If it breaks below 87,000-86,500, consider continuing to hold.

Buy point: Long below 87,100 with a stop loss below 86,500; take profit 1,000-2,000 points. For bulls, key support depends on whether the 4H oversold recovery and the middle band can successfully break upward. Red Sister does not recommend greedy profits on long positions; take profits promptly when the market turns favorable.
BTC1,02%
ETH2,36%
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