Afternoon Analysis for 12.4:



BTC and ETH are seeing a short-term rebound, continue to hold long positions.

The long strategy I mentioned this morning has already yielded a thousand-point range. For those holding long positions, did you take profit in time?

Currently, the market clearly lacks the strength to move higher: BTC has tried several times to break above 94,100 but failed to hold, and the 4-hour chart shows two clear correction signals—first, the price hit a new high but the RSI indicator did not follow and instead dropped (this is called bearish divergence); second, the MACD’s red bars are getting shorter and the fast and slow lines have flattened, indicating that buying power is not keeping up. Now, it is pulling back to test the key support at 92,500–92,800. If it breaks below this range, it confirms a short-term top, and it may fall to 92,000–92,500 next.

Overall, after such a continuous rise, it’s best to wait until the pullback momentum fades before continuing to build long positions.

Trading recommendations:

- BTC: Go long around 92,000–92,500, with a target of 93,500–94,000
- ETH: Go long around 2,880–3,000, with a target of 3,230–3,500 #十二月行情展望 #广场发帖领$50
ETH6.46%
BTC2.38%
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