12.19 Bitcoin Market Analysis Reference: As mentioned in yesterday's Bitcoin article, the intraday trend remains weak and volatile. Be cautious of the price breaking below the key support at 85,000, which could lead to further decline. The current trend is unfolding as expected, with the price breaking down and approaching a low near 84,400. The oscillation range has been broken, and the trend continues to be weak. Watch the 84,000 support level. On the 4-hour chart, after testing the bottom with a long lower shadow around 84,450, the price quickly rebounded to 85,600, indicating significant short-term buying support in this area. Although the daily candles have closed bearish for three consecutive days, on December 16th, the K-line formed a single candle bottom after touching a low of 85,266, followed by a bullish engulfing pattern, signaling a partial stabilization.
From a technical indicator perspective, on the 4-hour MACD, DIF(-733) and DEA(-724) remain closely bound below the zero line, while the 1-hour MACD histogram has expanded to -531, showing an accelerating downward trend. Trend indicators show that the price is currently constrained by the EMA7(86344) and forms a bearish alignment with the EMA30(87562), remaining in a weak adjustment structure overall.
Operationally, it is recommended to focus on shorting during rebounds. December 19 Bitcoin short-term trading ideas: Look to short at 88,300-89,300 with a stop at 92,500, aiming for a target below 87,500, with a 500 stop loss. Look to go long at 83,300-84,300 with a stop at 500, aiming for above 85,500.
December 19 Ethereum short-term strategy reference: Light short at 2,895-2,945 with a 30-point stop loss, targeting below 2,850. Go long at 2,781-2,731 with a 30-point stop loss, targeting above 2,830.
The article delivery may be delayed. Strategy suggestions are for reference only. The market changes rapidly. No matter how confident you are in your market judgment, always set proper take-profit and stop-loss levels to secure profits. Stay safe and lock in gains. #成长值抽奖赢金条和精美周边 #GateLaunchpadKDK认购上线 $GT $BTC $ETH #美联储降息预测
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12.19 Bitcoin Market Analysis Reference: As mentioned in yesterday's Bitcoin article, the intraday trend remains weak and volatile. Be cautious of the price breaking below the key support at 85,000, which could lead to further decline. The current trend is unfolding as expected, with the price breaking down and approaching a low near 84,400. The oscillation range has been broken, and the trend continues to be weak. Watch the 84,000 support level. On the 4-hour chart, after testing the bottom with a long lower shadow around 84,450, the price quickly rebounded to 85,600, indicating significant short-term buying support in this area. Although the daily candles have closed bearish for three consecutive days, on December 16th, the K-line formed a single candle bottom after touching a low of 85,266, followed by a bullish engulfing pattern, signaling a partial stabilization.
From a technical indicator perspective, on the 4-hour MACD, DIF(-733) and DEA(-724) remain closely bound below the zero line, while the 1-hour MACD histogram has expanded to -531, showing an accelerating downward trend. Trend indicators show that the price is currently constrained by the EMA7(86344) and forms a bearish alignment with the EMA30(87562), remaining in a weak adjustment structure overall.
Operationally, it is recommended to focus on shorting during rebounds.
December 19 Bitcoin short-term trading ideas:
Look to short at 88,300-89,300 with a stop at 92,500, aiming for a target below 87,500, with a 500 stop loss.
Look to go long at 83,300-84,300 with a stop at 500, aiming for above 85,500.
December 19 Ethereum short-term strategy reference:
Light short at 2,895-2,945 with a 30-point stop loss, targeting below 2,850.
Go long at 2,781-2,731 with a 30-point stop loss, targeting above 2,830.
The article delivery may be delayed. Strategy suggestions are for reference only. The market changes rapidly. No matter how confident you are in your market judgment, always set proper take-profit and stop-loss levels to secure profits. Stay safe and lock in gains. #成长值抽奖赢金条和精美周边 #GateLaunchpadKDK认购上线 $GT $BTC $ETH #美联储降息预测