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Crypto Circle Red Sister 12.12: The Bitcoin daily chart shows a double top; this round of pullback has not yet ended! Today's Bitcoin (BTC) latest market analysis and trading suggestions!

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币圈红姐
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3 months ago
AI summarizes in 5 seconds.

Red Sister in the Coin Circle 12.12 (Writing time 1:58) Today's Bitcoin (BTC) latest market analysis and trading suggestions:

The current price of Bitcoin is around 90,000. In the previous article, Red Sister had already reduced positions and taken profits on shorts above 94,000; currently, the K-line is at the lower middle band of the 1-hour chart, and the BOLL channel is in a downward convergence pattern, with the upper band pressing down below 92,000. The red bars in the MACD are shrinking again, and both the DIF and DEA are also converging, likely to form a golden cross. The KDJ three lines are crossing upwards, approaching 50, and the RSI three lines are also converging upwards. In the short term, bulls may still attempt to challenge the upper middle band range, so the strategy can continue to maintain high short positions and add to them.

In the daily chart, the BOLL channel is narrowing parallelly, and the K-line is currently close to the middle band position without breaking it, so Red Sister chooses to reduce positions. The KDJ and RSI are both in a downward crossing pattern, indicating that the lower space has not yet been fully explored. In the short term, focus on the upper side, where the 4-hour middle band may face resistance for shorts, while defending the daily EMA30 and upper band range. On the downside, continue to watch whether the daily middle band can break through again to choose long positions!

Selling point sharing: ≥91300 light short, stop loss above 93000. Take profit at 90000-88500. If broken, look at 88000-87500 to leave some.

Buying point sharing: ≤87500 light long, stop loss below 86500. Take profit at 89000-90000-91000. If broken, look at 91300-91500 for further upward potential;

There may be delays in article review and push notifications, the above points are for reference only. Please grasp the timing of buying and selling yourself, and ensure proper risk control when entering the market. Do not operate with heavy positions! Thank you for reading!

If you want to receive more trading information daily, you can scan to follow Red Sister herself! Daily real-time orders and fan welfare orders at irregular times!

Thus, our journey in the coin circle begins to move towards a broader new starting point, and it is by no means an endpoint, as the road is still long and must be walked step by step! The ocean of the coin circle is vast and boundless, full of opportunities and challenges. I hope that in the days to come, you will always maintain a thirst for knowledge and a spirit of exploration for the unknown. Remember, the coin circle is not just about numbers and charts, but also about humanity, decision-making, and the art of the future. In investing, maintain rationality and calmness, do not be swayed by short-term fluctuations, and view the market with a long-term perspective. Keep learning and improving your professional skills. Knowledge in the financial field is constantly updating; only through continuous learning can you keep pace with the times and seize every opportunity. Be brave to try and innovate. Do not fear failure, as every failure is an opportunity for growth. In the world of the coin circle, the brave often carve out their own territory. Finally, I wish you all shine on the stage of the coin circle, realizing your value and dreams. Wherever and whenever, Red Sister cheers for you, looking forward to your wonderful performance. Red Sister wishes everyone smooth sailing on the road of the coin circle, returning with a full load!

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Selected Articles by 币圈红姐

3 days ago
Crypto Circle Red Sister 3.30: Bitcoin hits a high of 67,000! The pullback signal has not yet ended, do not blindly buy the dip! Today's latest market analysis and operational advice for Bitcoin (BTC)!
5 days ago
Coin Circle Hongjie 3.28: Bitcoin breaks below the 6-hour lower bound, about to reach 64000? Today's latest market analysis and trading suggestions for Bitcoin (BTC)!
6 days ago
Cryptocurrency Market Red Sister 3.27: Bitcoin's short-term bearish momentum is strong! The daily chart turns into a death cross, can it defend below 68100? Today's Bitcoin (BTC) latest market analysis and trading advice.
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