12.12 Bitcoin/Ethereum: 8900 & 3150 Key Support Valid, Short-term Market Trend is Volatile
The short position laid out last night successfully dipped to BTC 89200, ETH 3140 before rebounding, with the overall trend aligning with the previous expectation of "a rebound after support holds." From the current structure, the larger trend remains intact, but the short-term bullish and bearish forces are fluctuating, and the market is gradually shifting from the large ups and downs of the previous two days to a volatile rhythm.
Bitcoin (BTC) Technical Analysis
🔹 Candlestick Structure
After a significant rise, it encountered resistance and fell back, entering a sideways consolidation range;
Currently forming a small bullish candle, with a temporary balance between bullish and bearish forces.
🔹 Indicator Structure
The 4-hour DIF and DEA continue to decline, with the MACD histogram negative, indicating weakened short-term momentum;
Overall still above the zero line, with a mid-term trend remaining relatively strong;
Trading volume has significantly shrunk → the market has entered a wait-and-see period.
🔹 Key Levels
Upper resistance: 92500—93000
Lower support: 91000 → 89500
🔵 Ethereum (ETH) Technical Analysis
🔹 Candlestick Structure
Last night, after testing the effective support at 3140, it rebounded;
Currently still in a consolidation phase, without breaking out.
🔹 Indicator Structure
The 4-hour MACD remains weak, with bearish momentum, but has not entered a state of significant decline;
Market structure is similar to BTC, primarily characterized by volatility.
🔹 Key Levels
Upper resistance: 3250—3270
Lower support: 3200 → 3160
📌 Afternoon Trading Suggestions (Written at 15:00)
BTC Bitcoin
🔻 Short near 92500—93000
🎯 Target: 91000 → 89500
ETH Ethereum
🔻 Short near 3250—3270
🎯 Target: 3200 → 3160
⚠️ Market conditions can change at any time, and there may be delays in article publication. Please refer to real-time guidance for specific operations.
The daily strategy win rate is evident to all, and you are welcome to continue following.
Wishing you successful trading!
[The above analysis and strategies are for reference only. Please bear the risk yourself. There may be delays in article review and publication, and strategies may lack timeliness. Specific operations should refer to the real-time strategies of crypto experts.]
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