12.12 Bitcoin's rebound is weak. If the bears exert strength in the early morning, the price may once again test the strong support at 87500.
On the evening of the 11th, influenced by the opening of the US stock market, Bitcoin once again showed a slight weakening trend. Currently, after the 4-hour update, the MA5 daily moving average continues to press down. Additionally, the TD indicator has reached the downward TD6 pattern, indicating that the bears still have room for expansion. Combined with the hourly chart, the highs continue to decline and the rebound strength is weakening. If the bears continue to exert strength in the early morning, Bitcoin will test the strong support at 87500 again. Therefore, regarding the early morning trend, my personal view is still to maintain a short-term swing strategy, focusing on the rebound highs and supporting the lows.
Trading Strategy: 90200-90800 range, Target: 88500-87500, Stop Loss: 91200
Reference for entry in the 87500-88000 range.
Ethereum's short-term trend is basically in sync with Bitcoin, but its resistance to decline is not as strong as Bitcoin. The short-term high point resistance is around 3210-3250, and the low point support is around 3120-3080. If the short-term rebound breaks through any upper resistance, my personal view is still to maintain a short-term swing strategy, focusing on the rebound highs and supporting the lows.
Trading Strategy: 3185-3215 range, Target: 3125-3080, Stop Loss: 3235
Reference for entry around 3100 can be tried with a light position.
Regarding the current trend, it is expected to be sufficient, and follow-up will continue with #美联储降息 #加密市场反弹 #ETH走势分析 #加密市场观察 .
On the evening of the 11th, influenced by the opening of the US stock market, Bitcoin once again showed a slight weakening trend. Currently, after the 4-hour update, the MA5 daily moving average continues to press down. Additionally, the TD indicator has reached the downward TD6 pattern, indicating that the bears still have room for expansion. Combined with the hourly chart, the highs continue to decline and the rebound strength is weakening. If the bears continue to exert strength in the early morning, Bitcoin will test the strong support at 87500 again. Therefore, regarding the early morning trend, my personal view is still to maintain a short-term swing strategy, focusing on the rebound highs and supporting the lows.
Trading Strategy: 90200-90800 range, Target: 88500-87500, Stop Loss: 91200
Reference for entry in the 87500-88000 range.
Ethereum's short-term trend is basically in sync with Bitcoin, but its resistance to decline is not as strong as Bitcoin. The short-term high point resistance is around 3210-3250, and the low point support is around 3120-3080. If the short-term rebound breaks through any upper resistance, my personal view is still to maintain a short-term swing strategy, focusing on the rebound highs and supporting the lows.
Trading Strategy: 3185-3215 range, Target: 3125-3080, Stop Loss: 3235
Reference for entry around 3100 can be tried with a light position.
Regarding the current trend, it is expected to be sufficient, and follow-up will continue with #美联储降息 #加密市场反弹 #ETH走势分析 #加密市场观察 .