Crypto Circle Sister Red 12.13: Bitcoin repeatedly tests the daily middle band support, and a breakdown is imminent! 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 90300, and last night, the strong pullback on the 4H chart caused BTC to approach the EMA200 and the upper band again, leading to a dip. This bearish retracement was expected, but the rebound was somewhat strong. Overall, the outlook remains unchanged. Currently, the candlestick again approaches the lower band with an intention to reverse, but the bullish momentum is clearly insufficient. It depends on the rebound strength after short-term oversold conditions. Sister Red suggests focusing on the 4-hour middle band and EMA160 zone for short entries, as the BOLL lower band currently has room to extend downward, and the MACD red bars continue to increase. The DIF and DEA, after the golden cross, are turning back into a dead cross with an opening, and the KDJ lines are approaching 15 downward. It has not yet entered the oversold zone, indicating that there is still room downward. It appears that the lower band will be broken, which will break the recent oscillation lows and support.

On the 1-day chart, the BOLL middle band is still rising and is now above the candlestick position. If the daily candlesticks continue to decline, the middle band may shift from support to resistance in recent days. This bearish trend is likely to first bring the price back to around 86500 at the lower band. Whether it continues to fall or not depends on whether DIF and DEA can further form a dead cross after their current convergence. From the KDJ and RSI patterns, after this reversal of the long position, the downward move has only just begun! Therefore, Sister Red's recent strategy has always emphasized mainly shorting from high points.

Sell points: Light short at ≥91600, stop loss above 92600; take profit at 90300-89200. If it breaks below 89100-88500, keep the position.

Buy points: Light long at ≤88500, stop loss below 87500; take profit 1000-2000 points. Do not greedily chase profits on longs; take profits when the trend is good.

There may be delays in article review and posting. The above point levels are for reference only. Please judge the timing of buying and selling yourself, and ensure risk controls when entering the market. Do not operate with full position! Thank you for reading!
BTC1,62%
ETH3,35%
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