Red Sister's Cryptocurrency Circle Analysis on December 29 (Written at 11:00): Today's Bitcoin (BTC) Market Analysis and Trading Suggestions:
Bitcoin is currently priced around 89,200. The morning market has seen a strong rise, with the 4H moving averages showing a bullish arrangement: EMA5 (88,186) > EMA10 (87,954) > EMA20 (87,838) > EMA120 (87,572). The short-term moving average system is in an upward divergence state, with prices firmly above all major moving averages, indicating a solid upward trend.
The MACD is currently in a strong golden cross. DIF (100.3) is significantly above DEA (-19.2), and the green histogram (240) continues to expand, indicating strong upward momentum that is still accelerating.
In the BOLL, the price has broken through the upper band (88,808), indicating that the price is in a strong upward channel, and the expansion of the Bollinger Bands suggests increased volatility.
In the RSI, RSI1 (81) is entering the overbought zone, while RSI2 (67) and RSI3 (57) also show strength, indicating that the market is still in an upward trend, and RSI may continue to operate at high levels.
In the KDJ, K value (71) and J value (90) show strong overbought signals, but D value (61) is relatively low, with all three lines diverging upwards, suggesting further increases.
Red Sister suggests a primary direction of going long, building positions in batches when the price retraces to the 4H middle track near the 88,000-87,700 range, or lightly going long after breaking through 89,368 (previous high).
Target prices: First target 90,100 (EMA200), second target 91,400 (EMA250).
Risk Warning: RSI and KDJ indicate overbought conditions, and a technical correction may occur in the short term. It is recommended to strictly control positions and adopt a batch building strategy. If the price falls below the 87,400 support, stop losses should be executed promptly. Short positions should only be entered after a reversal signal appears following overbought conditions, focusing on the 4H pressure levels of 90,100 and 91,400 for entry!
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. Avoid heavy operations! Thank you for reading!
Thus, our journey in the cryptocurrency 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 cryptocurrency 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 cryptocurrency circle is not just about numbers and charts; it is 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. Continuously learn 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 cryptocurrency, the brave often carve out their own territory. Finally, I wish you all shine on the stage of the cryptocurrency 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 cryptocurrency circle, returning with full loads!
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
