Liangqiu: 12.7 Bitcoin/Ethereum Long-Short Tug-of-War Obvious, Awaiting Weekly Close



Bitcoin and Ethereum both experienced a period of consolidation over the weekend, with bulls and bears contending around key price levels. Bitcoin/Ethereum repeatedly tested the 90,000 and 3,050 psychological thresholds throughout the day, displaying a technical correction rather than a reversal trend. Recently, both have rebounded from their lows, with the 88,000 and 2,980 levels forming key support below. The daily chart has yet to break above previous highs at 3,069 and 90,270. The 2-hour MACD golden cross is weak, and the candlestick pattern has formed an evening star, indicating a short-term risk of a pullback.

In terms of candlestick patterns, prices have been fluctuating around 3,050 and 89,500 recently, showing a mild rebound, but overall remain in a recovery phase following the previous sharp decline. On technical indicators, both the DIF and DEA averages are gradually falling, the negative histogram is narrowing, indicating that bearish forces are weakening but bulls have yet to fully take control.

Evening trading suggestions: Bitcoin short around 89,300 to 89,800, target around 88,200; Ethereum short around 3,040 to 3,060, target around 2,980.

Daily analysis and strategies have a relatively high win rate and are visible to all. Analysis and strategies are for reference only; please bear your own risk. Article review and publication are not timely; please refer to real-time information!
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GateUser-f8c2c9f7vip
· 20h ago
Bull Run 🐂
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GateUser-f8c2c9f7vip
· 20h ago
Bull Run 🐂
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Baiyun11vip
· 22h ago
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GateUser-5025b0efvip
· 23h ago
Blogger 🐂
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花间爱豆Xvip
· 12-07 12:10
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IAmLiangQiuA.vip
· 12-07 12:03
GT is GT
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IAmLiangQiuA.vip
· 12-07 12:03
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sheShvip
· 12-07 12:02
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sheShvip
· 12-07 12:02
2025 Charge Charge Charge 👊
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