12.5 Morning Thought Analysis
The current market for Bitcoin is at a support level, with the formation of a long lower shadow on the 3rd indicating strong support at lower levels; subsequently, there have been two consecutive days of positive closing, showing a slight recovery in market sentiment. The MACD histogram on the 4-hour chart is gradually decreasing from its peak and is currently near the 0 axis, suggesting a potential phase of consolidation in the short term. It is recommended to focus on high positions for Bitcoin trading.
Trading Recommendations
Bitcoin 92800-92500 target 91200-90000
Ethereum 3190-3160 target 3040-2980$BTC
BTCUSDT
Perp
90,533.3
-2.16%
ETHUSDT
Perp
3,101.5
-2.25%
BNBUSDT
Perp
887.79
-1.83%