Today, the price continues its rebound and correction. After the coin price touched the resistance level above 92,000, it resumed the previous retracement trend, quickly dropping below 90,000. Currently, the price is consolidating at a low level around this key point. Judging from the current trend, the retracement is not over yet. Recent real trading students are still steadily accumulating positions according to the rhythm, maintaining their usual accuracy in handling market fluctuations. If your recent trades haven't been ideal, you might consider following Zhiyu's strategy.
Looking at BTC on the four-hour chart, the tug-of-war between bulls and bears is ongoing. After several strong green candles pushed the price near the upper band, a large red candle sent the price quickly back to the mid-range. From the overall K-line structure, the tug-of-war range is gradually narrowing, and the Bollinger Bands are slowly contracting. On the current hourly KDJ indicator, the three lines are accelerating downward, with bullish momentum continuing to weaken and further downside possible. In the short-term hourly chart, after five consecutive red candles brought the price near the lower band, a long upper shadow doji was formed. The bulls have not yet achieved a substantial rebound, and the consecutive lower shadows indicate some support near the lower band. The current sideways movement reflects increasing technical correction needs. The overall trend remains unchanged, and after consolidation, we expect the retracement trend to continue. We will review the rebound and correction after the US stock market closes in the morning.
Short BTC near 90,200, target around 98,500. Short ETH near 3,130, target around 3,000. #美联储降息预测 #十二月行情展望
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Today, the price continues its rebound and correction. After the coin price touched the resistance level above 92,000, it resumed the previous retracement trend, quickly dropping below 90,000. Currently, the price is consolidating at a low level around this key point. Judging from the current trend, the retracement is not over yet. Recent real trading students are still steadily accumulating positions according to the rhythm, maintaining their usual accuracy in handling market fluctuations. If your recent trades haven't been ideal, you might consider following Zhiyu's strategy.
Looking at BTC on the four-hour chart, the tug-of-war between bulls and bears is ongoing. After several strong green candles pushed the price near the upper band, a large red candle sent the price quickly back to the mid-range. From the overall K-line structure, the tug-of-war range is gradually narrowing, and the Bollinger Bands are slowly contracting. On the current hourly KDJ indicator, the three lines are accelerating downward, with bullish momentum continuing to weaken and further downside possible. In the short-term hourly chart, after five consecutive red candles brought the price near the lower band, a long upper shadow doji was formed. The bulls have not yet achieved a substantial rebound, and the consecutive lower shadows indicate some support near the lower band. The current sideways movement reflects increasing technical correction needs. The overall trend remains unchanged, and after consolidation, we expect the retracement trend to continue. We will review the rebound and correction after the US stock market closes in the morning.
Short BTC near 90,200, target around 98,500. Short ETH near 3,130, target around 3,000. #美联储降息预测 #十二月行情展望