Crypto Circle Red Sister 12.26: The mid-line of the Bitcoin daily chart is repeatedly under pressure, and the downward trend still exists! Today's latest market analysis and trading suggestions for Bitcoin (BTC)!

CN
3 hours ago

Red Sister in the Crypto Circle 12.26 (Writing time 8:22) Today's Bitcoin (BTC) market analysis and trading suggestions:

The current price of Bitcoin is around 87100. After a decline to 86600 in the evening, it rebounded again. During the day, Bitcoin warmed up after hitting the 4H upper track but faced another pullback. It is currently at the 4H lower track position. The BOLL channel, which was previously narrowing, is now opening up, indicating that the narrow fluctuation market is about to end and a significant movement is coming. From the MACD, the red bars are showing signs of increasing volume, the DIF and DEA have formed a dead cross, and the KDJ three lines are converging and expanding downwards, approaching the oversold area. The RSI three lines are also declining, nearing 35, indicating that the downward space has not yet been fully explored. Continue to pay attention to whether the previous day's low and the 86000 level will break again!

If it breaks, we can directly look at the 1-day lower track and the low point range of the 18th and 19th to consider entering long positions! Of course, the overall trend still leans bearish, and Red Sister suggests maintaining a primary focus on short positions! For the rebound, continue to pay attention to the daily middle track pressure at 88700 for layout!

Sell Point: ≥88000 light short, stop loss above 89500; take profit at 87100-86200-85300. If it breaks below 85000-84500, you can continue to hold.

Buy Point: ≤85300 below long, stop loss at 84500; take profit at 86200-87100-88000. If it breaks above 88500-88800, you can continue to hold.

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 crypto 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 crypto circle 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 crypto 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 enhance 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 crypto circle, the brave often carve out their own territory. Finally, may you all shine on the stage of the crypto circle, realizing your value and dreams. No matter when and where, Red Sister cheers for you and looks forward to your wonderful performance. Red Sister wishes everyone a smooth journey in the crypto circle, returning with a full load!

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