Crypto Circle Red Sister 12.24: Bitcoin's 4H mid-track is under pressure again, will the space below be opened? Today's latest market analysis and trading suggestions for Bitcoin (BTC)!

CN
10 hours ago

Bitcoin Market Analysis and Trading Suggestions for December 24 (Written at 6:12 AM):

The current price of Bitcoin (BTC) is around 87,500. After a decline to 86,600 in the evening, it has rebounded again. Currently, it is facing resistance at the upper boundary of the 1H channel and the positions of MA60, MA90, and MA280. From the BOLL channel pattern, the upper boundary is narrowing downwards, indicating that the upper space will not be too large. In the MACD, there are signs of a decrease in the green bars, and the DIF and DEA are converging. The KDJ three lines show a top turning signal. It is recommended to continue monitoring the resistance levels of the three lines above and to enter short positions.

In the 4H chart, the BOLL lower boundary is extending downwards, and it has not yet broken the lower point from earlier. However, the K-line is clearly blocked at the middle track position. The red bars in the MACD are weakening, and the DIF and DEA have formed a dead cross. The short-term market still has room for oscillation and decline. Short positions should be cautious of a second probe breaking the middle track, and space should be reserved for replenishing at the upper boundary. The short-term target can initially be set around 86,600, while the long-term target looks at the daily lower boundary at 85,150. The suggestion is to maintain a primary focus on high shorts!

Sell Point: Short lightly at ≥88,300, reserve for replenishing at 89,600, stop loss above 90,400; take profit at 87,500-86,600. If it breaks below 86,500-86,000, it can continue to hold until around 85,150.

Buy Point: Long below ≤85,150, stop loss at 84,500; take profit at 86,000-87,100-88,200. If it breaks above 88,400, it can continue to hold until around 89,500.

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!

Thus, our journey in the cryptocurrency world 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 cryptocurrency is vast and boundless, filled with opportunities and challenges. I hope you will always maintain a thirst for knowledge and a spirit of exploration in the days to come.

Remember, the cryptocurrency world is not just about numbers and charts; it is also an art about humanity, decision-making, and 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 cryptocurrency, the brave often carve out their own territory. Finally, I wish you all shine on the stage of cryptocurrency, realizing your value and dreams. No matter when and where, I am cheering for you and looking forward to your wonderful performance. I wish everyone smooth sailing on the cryptocurrency journey and a bountiful return!

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