Crypto world Hongjie 12.23: Bitcoin 4H double closing + Long Wick Candle on daily chart, short positions are stabilized again! Today's Bitcoin (BTC) latest market analysis and trading suggestions! #加密市场小幅回暖 #今日你看涨还是看跌? #2026行情预测 $BTC $ETH Crypto world Hongjie 12.23 (written at 6:16) Today's Bitcoin (BTC) market analysis and trading suggestions:
The current price of Bitcoin is around 88300. In the evening, the price of the Big Coin has shown a pullback as expected under the pressure of MA240 on the 4H chart. Red Sister mentioned this key position yesterday, and short positions are currently held. The candlestick is showing a stop decline at MA30, and a short-term oversold rebound is taking place. Red Sister suggests reducing the position while holding the short. In the MACD, the green bars are noticeably shrinking, and DIF and DEA are undergoing a second convergence, which may form a death cross with increased volume. The KDJ three lines are expanding downwards and approaching 15, indicating that there is a possibility of another downward probe breaking the lower boundary. The strategy still suggests focusing on short positions, and we should continue to pay attention to the pressure from MA90, MA120, MA150, and MA200 for short layouts! Just defend the MA240 to the previous high range.
On the daily chart, the candlestick forms a long wick candle above the middle position, creating a pullback situation. It is currently heading down towards the MA7. It seems that after three bullish candles, the daily chart is stabilizing with a bearish candle. The RSI has shown a downward turning signal after three lines touch 52, indicating that there is a demand for a pullback. In the short term, we will continue to monitor whether the MA7 can provide effective support; a break will lead to further declines!
Sell point: ≥89150 light short positions, stop loss above 90500; take profit 88400-87400. A break below 87000 can continue to hold down to below 86000.
Buy point: Buy if below ≤86000, stop loss at 85300; take profit at 86800-87700. If it breaks above 87800-88400, you can continue to hold until around 89300.
There is a delay in article review notifications, the above points are for reference only, please grasp the timing of buying and selling yourself, make sure to have good risk control when entering the market, and do not operate with heavy positions! Thank you for reading!
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Crypto world Hongjie 12.23: Bitcoin 4H double closing + Long Wick Candle on daily chart, short positions are stabilized again! Today's Bitcoin (BTC) latest market analysis and trading suggestions! #加密市场小幅回暖 #今日你看涨还是看跌? #2026行情预测 $BTC $ETH Crypto world Hongjie 12.23 (written at 6:16) Today's Bitcoin (BTC) market analysis and trading suggestions:
The current price of Bitcoin is around 88300. In the evening, the price of the Big Coin has shown a pullback as expected under the pressure of MA240 on the 4H chart. Red Sister mentioned this key position yesterday, and short positions are currently held. The candlestick is showing a stop decline at MA30, and a short-term oversold rebound is taking place. Red Sister suggests reducing the position while holding the short. In the MACD, the green bars are noticeably shrinking, and DIF and DEA are undergoing a second convergence, which may form a death cross with increased volume. The KDJ three lines are expanding downwards and approaching 15, indicating that there is a possibility of another downward probe breaking the lower boundary. The strategy still suggests focusing on short positions, and we should continue to pay attention to the pressure from MA90, MA120, MA150, and MA200 for short layouts! Just defend the MA240 to the previous high range.
On the daily chart, the candlestick forms a long wick candle above the middle position, creating a pullback situation. It is currently heading down towards the MA7. It seems that after three bullish candles, the daily chart is stabilizing with a bearish candle. The RSI has shown a downward turning signal after three lines touch 52, indicating that there is a demand for a pullback. In the short term, we will continue to monitor whether the MA7 can provide effective support; a break will lead to further declines!
Sell point: ≥89150 light short positions, stop loss above 90500; take profit 88400-87400. A break below 87000 can continue to hold down to below 86000.
Buy point: Buy if below ≤86000, stop loss at 85300; take profit at 86800-87700. If it breaks above 87800-88400, you can continue to hold until around 89300.
There is a delay in article review notifications, the above points are for reference only, please grasp the timing of buying and selling yourself, make sure to have good risk control when entering the market, and do not operate with heavy positions! Thank you for reading!