Xiang Li: December 13th, early morning Bitcoin and altcoin trading analysis

The current market has experienced a sharp decline and is now showing a complex state of indecision.
From the four-hour chart, the Bollinger Bands' three-line pattern remains intact, with strong support at the lower band, and the MACD lines are above the zero axis, indicating that the overall trend structure has not been broken. However, on the one-hour chart, the KDJ has entered the oversold zone, and the RSI is moving sideways, showing that buying momentum is weakening, which may suggest a temporary pause in selling pressure. The 15-minute chart, a shorter cycle, has already shown a bullish crossover in KDJ, indicating an initial technical rebound signal.
Overall, the market has bottomed out, and with indicators entering oversold territory, it is recommended to buy on dips during the early hours!
Bitcoin can be bought in the range of 90,000-90,500, with targets at approximately 91,500, 93,000, and 94,000.
Altcoin can be bought in the range of 3,070-3,100, with targets at approximately 3,240, 3,320, and 3,420.
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