Last night, Bitcoin's price initially declined to around $87,000, then started a strong rally, reaching a high of around $90,300 before quickly pulling back, touching a low of around $85,000. The current price has rebounded to around $86,000 and is fluctuating.
From a four-hour technical perspective, Bitcoin's price faced resistance at the upper Bollinger Band and pulled back, continuing to consolidate near the lower Bollinger Band; the three-line KDJ indicator is diverging downward, and the MACD indicator's bullish momentum is weakening and has transitioned to bearish momentum. The short-term market trend is clearly bearish, and this morning it is recommended to adopt a primarily short position strategy.
Operational Suggestions
1. Bitcoin: It is recommended to short in the $86,300-$86,700 range, with targets of $85,300-$84,300. 2. Ethereum: It is recommended to short in the $2,850-$2,880 range, with targets of $2,800-$2,770.
The above analysis and suggestions are for reference only. Please base your actual operations on Mo Yu Shi Pan's real-time layout.
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12.18
Last night, Bitcoin's price initially declined to around $87,000, then started a strong rally, reaching a high of around $90,300 before quickly pulling back, touching a low of around $85,000. The current price has rebounded to around $86,000 and is fluctuating.
From a four-hour technical perspective, Bitcoin's price faced resistance at the upper Bollinger Band and pulled back, continuing to consolidate near the lower Bollinger Band; the three-line KDJ indicator is diverging downward, and the MACD indicator's bullish momentum is weakening and has transitioned to bearish momentum. The short-term market trend is clearly bearish, and this morning it is recommended to adopt a primarily short position strategy.
Operational Suggestions
1. Bitcoin: It is recommended to short in the $86,300-$86,700 range, with targets of $85,300-$84,300.
2. Ethereum: It is recommended to short in the $2,850-$2,880 range, with targets of $2,800-$2,770.
The above analysis and suggestions are for reference only. Please base your actual operations on Mo Yu Shi Pan's real-time layout.