Crypto world Liying: 12.2BTC bull run is still continuing! The trend at the high level is still strong! Latest market analysis.

Crypto world Liying: 12.2BTC bull run is still continuing! The trend at the high level is still strong! Latest market analysis.

Article release time 2024.12.2—03:10

The current price of BTC is 97200. Lijing asks everyone if they have entered the position in this wave. For two consecutive days, it has been reminded to enter the position at 96000. Although profits have been taken at 97000, there is still a portion that has not exited. The target is simple, which is to observe the impact of reaching 100,000 and then decide. Because the higher timeframe trend is still bullish, the crazy bull run has ended, but it is still a bull market. In a bull market, the majority is naturally long. Go with the trend.

LY is still analyzing the price trend, and the Order BookCandlestick is fluctuating in the range of 97000 to 98000, forming a relatively stable oscillation range. A small positive line with a long lower shadow appears on the daily Candlestick, indicating that there is some buying support below. In the technical indicator MACD 4-hour period, the DIF and DEA are close to the zero axis, and the MACD histogram has turned from negative to positive, indicating that it may enter the Rebound phase in the short term. LY reminds everyone to follow the subsequent changes in trading volume.

The current RSI value of the Relative Strength Index is 56.9, which is in the neutral zone and has not entered the Overbought or Oversold state. The market sentiment is relatively stable. The trend indicator EMA7 has crossed above EMA30 and is much higher than EMA120, indicating a short-term bullish trend. However, caution should be taken for pullback risks. The trading volume has increased, indicating increased capital activity. At this point, we should not doubt whether the bull is still there, but rather think about where the bull will go. Will it stop at 100,000? Where will it go after breaking through? After all, going from five digits to six digits is a significant advancement.

Today’s Liying point prediction

Go long at 96000, add to long at 95000, stop at 94500, target at 98000.

Short at 98000, add to short at 99000, stop at 99500, target 95500

Above is a brief analysis of the current Order Book market by Liying, for reference by investors. Liying has been exploring and experiencing hundreds of digital assets over the past ten years. In this process, Liying has gone through the glory of the Bull Market and the depression of the Bear Market, accumulating countless valuable experiences and profound lessons. As a female trader who strives in this challenging field, Liying feels a responsibility to share her insights and experiences, and hopes to help others with dreams find their own position in this ever-changing market, and embark on their own journey of success.

The content of the article is for reference only and has real-time nature. Please take risks on your own.