Sea of Coins Waves: 12.25 Cryptocurrency Market Bitcoin (BTC), Ethereum (ETH) Latest Market Analysis and Insights Today, reference for market analysis, information interpretation.
Sea of Coins Waves: 12.25 Bitcoin (BTC) ) Market Analysis Reference: Bitcoin's intraday price continues to fluctuate within a range, and last night’s price retraced to test the key support level before quickly stabilizing. It then rebounded and is currently trading near the 87,500 level. From the daily chart perspective, the daily candlestick remains within a consolidation range, with a key resistance zone forming a significant barrier. Multiple attempts to break above have failed to produce an effective breakout. The support area below shows strong resilience, serving as an important short-term anchor point. Currently, bulls and bears are in a stalemate, lacking the momentum to reverse the trend. In the short term, the price is likely to continue fluctuating within the range. From the short-term hourly chart, the 4-hour candlestick pattern shows a recent extension of the lower shadow. After pulling back to the lower Bollinger band, the price rebounded with consecutive bullish candles but faced quick resistance at the middle band and fell back. This indicates that the rebound momentum is relatively weak. Coupled with EMA moving averages forming short-term resistance, the upward space is further limited. The current RSI indicator remains oscillating in the neutral zone, while the MACD’s fast and slow lines are contracting below the zero axis, showing signs of a golden cross. The KDJ indicator is diverging upward, suggesting that bullish strength may push the price higher. However, based on the overall trend, the short-term is likely to continue the oscillating pattern of “testing resistance — encountering resistance and falling back — weak rebound.” A breakout above the Bollinger middle band or a break below the lower band is needed to change the situation. Therefore, the intraday trading strategy is to operate around the range, buying at lows and selling at highs. Sea of Coins Waves: 12.25 Short-term reference for Bitcoin: Long positions: Buy in the 85500-86500 range, with a stop-loss at 84500, target 87500-88500. Short positions: Sell in the 88500-89500 range, with a stop-loss at 91500, target 87500-86500. Sea of Coins Waves: 12.25 Short-term reference for Ethereum: Long positions: Buy in the 2860-2890 range, with a stop-loss at 2750, target 2950-3000. Short positions: Sell in the 3020-3050 range, with a stop-loss at 3150, target 2950-2870. The article is time-sensitive and may have delays. The personal opinions are for reference only. Do not operate blindly! Hope everyone can stay true to their principles regardless of market fluctuations, maintain rationality and calmness. Seize opportunities, make precise decisions, and ride the waves in the ocean of investment to harvest wealth and growth!!! #BTC #ETH
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Sea of Coins Waves: 12.25 Cryptocurrency Market Bitcoin (BTC), Ethereum (ETH) Latest Market Analysis and Insights Today, reference for market analysis, information interpretation.
Sea of Coins Waves: 12.25 Bitcoin (BTC) ) Market Analysis Reference: Bitcoin's intraday price continues to fluctuate within a range, and last night’s price retraced to test the key support level before quickly stabilizing. It then rebounded and is currently trading near the 87,500 level.
From the daily chart perspective, the daily candlestick remains within a consolidation range, with a key resistance zone forming a significant barrier. Multiple attempts to break above have failed to produce an effective breakout. The support area below shows strong resilience, serving as an important short-term anchor point. Currently, bulls and bears are in a stalemate, lacking the momentum to reverse the trend. In the short term, the price is likely to continue fluctuating within the range.
From the short-term hourly chart, the 4-hour candlestick pattern shows a recent extension of the lower shadow. After pulling back to the lower Bollinger band, the price rebounded with consecutive bullish candles but faced quick resistance at the middle band and fell back. This indicates that the rebound momentum is relatively weak. Coupled with EMA moving averages forming short-term resistance, the upward space is further limited.
The current RSI indicator remains oscillating in the neutral zone, while the MACD’s fast and slow lines are contracting below the zero axis, showing signs of a golden cross. The KDJ indicator is diverging upward, suggesting that bullish strength may push the price higher.
However, based on the overall trend, the short-term is likely to continue the oscillating pattern of “testing resistance — encountering resistance and falling back — weak rebound.” A breakout above the Bollinger middle band or a break below the lower band is needed to change the situation. Therefore, the intraday trading strategy is to operate around the range, buying at lows and selling at highs.
Sea of Coins Waves: 12.25 Short-term reference for Bitcoin:
Long positions: Buy in the 85500-86500 range, with a stop-loss at 84500, target 87500-88500.
Short positions: Sell in the 88500-89500 range, with a stop-loss at 91500, target 87500-86500.
Sea of Coins Waves: 12.25 Short-term reference for Ethereum:
Long positions: Buy in the 2860-2890 range, with a stop-loss at 2750, target 2950-3000.
Short positions: Sell in the 3020-3050 range, with a stop-loss at 3150, target 2950-2870.
The article is time-sensitive and may have delays. The personal opinions are for reference only. Do not operate blindly!
Hope everyone can stay true to their principles regardless of market fluctuations, maintain rationality and calmness. Seize opportunities, make precise decisions, and ride the waves in the ocean of investment to harvest wealth and growth!!! #BTC #ETH