Xiang Li: December 17th Afternoon Bitcoin and Altcoin Trading Analysis
From the four-hour chart, the three-trend lines are moving downwards in sync, with the opening pattern remaining intact. The Ichimoku cloud has not been broken through at the key middle support level, and the price has been operating within the downward channel. This indicates a clear head-and-shoulders pattern, and the price may accelerate further downward. The MACD indicator shows both lines below the zero axis, forming a bullish crossover underwater, suggesting that buying momentum is weak and entering the market with li

Xiang Li: December 17th Morning Bitcoin and Altcoin Trading Analysis
During the early hours, market sentiment was relatively mild, with overall trading activity subdued, mainly consolidating sideways. Bitcoin mainly hovered around 87,500, while Altcoins fluctuated around 2,950.
From the four-hour chart, it appears that the current trend is stable within a downward channel. The recent rally has pushed the price close to the midline resistance, and the three-line divergence remains intact, indicating that the overall trend is still under control of the bearish momentum. However, the MACD indicat

Xiang Li: December 17th, early morning daily summary
Overall market outlook on December 16th shows quite a bit of fluctuation. After the sharp decline of Egg Brother the day before yesterday, Bitcoin started to rally from 85,073 in the early morning, gradually moving upward. During the daytime, it mostly fluctuated within a narrow range, only breaking out in the evening, reaching a high of 88,143. The second coin followed the same trend as Bitcoin, starting to gain momentum at 2,890, with a peak of 2,982. During the sideways consolidation phase, there were opportunities for everyone. Throughou

Xiang Li: Analysis and Operation of Bitcoin and Altcoin on the Evening of December 16
The market trend during the afternoon was mainly characterized by narrow-range oscillations and a unilateral upward movement. After bottoming out at 85226, Bitcoin continued to rise, reaching a high of 87299, then slightly retraced, currently hovering around 87100. Altcoin closely followed Bitcoin's pace, starting from 2870, trending northward, reaching a high of 2962 before pulling back to around 2950 for consolidation.
On the four-hour chart, Brother Qie remains within the downtrend channel, running close t

Xiang Li: Evening December 12 - Bitcoin and Altcoin Trading Analysis
From the four-hour chart perspective, currently, the coin continues to operate within the upward channel. The pennant pattern with a breakout above the upper band has not yet changed, laying a solid foundation for another rally. Additionally, the RSI indicator is in the strong zone between 50-60, confirming that the bullish momentum remains strong. A closer look at the hourly chart shows that the MACD lines are about to form a dead cross above the zero line. Along with the gradual retreat of buying momentum, the market may sh