#数字资产市场动态 Mid-December Market Observation and Trading Ideas
From the overall market logic, the post-holiday rebound is a pattern observed in previous years. Coupled with the market's continued optimism about the Fed's rate cut cycle next year, the uncertainties in the global economy and geopolitical situation have actually boosted the willingness of funds to hold cash. This mindset unconsciously supports the valuation of digital assets. On the technical side, Bitcoin's monthly and weekly charts are repeatedly testing key support levels, forming a bottoming pattern. Once risk appetite recovers, price upward movement is only a matter of time. The recent weeks' performance confirms this, so everyone should watch for opportunities around the end of the year.
Specifically, in the current market, $BTC has been testing a large range since the 19th. On the hourly level, a short-term upward trend has formed, with the latest candle closing bullish and the price approaching previous highs. The indicators are interesting: MACD red bars continue to expand, indicating that bullish momentum is accumulating, but the position is already high, so beware of potential top divergence risks; RSI is around 68, close to overbought territory, so a short-term pullback is possible; however, the EMA system (7, 30, 120) remains in a perfect bullish alignment, with prices staying above the moving averages. From a numerical perspective, 87800 is a key support level recently, and the focus is on whether 90600 can be effectively broken through.
$ETH follows the same logic, maintaining a strong stance in the short term.
Trading Suggestions: Buy in batches within the 87900-88900 range for $BTC, targeting 89900-90400. Enter positions in the 2900-2940 range for $ETH, targeting 3020-3060.
The key is to control risk and avoid chasing too high.
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StableGeniusDegen
· 10h ago
Is the 87,800 support level really that solid? It seems like the real concern should be the risk of a bearish divergence.
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NeonCollector
· 10h ago
The market shaped by grinding bottom still requires patience. Holding above 87,800 is manageable; breaking below that is the real problem.
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PumpDoctrine
· 10h ago
Be cautious with bearish divergence; it doesn't always break the level successfully.
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Ramen_Until_Rich
· 10h ago
87800 has repeatedly tested this support level. Now we're just waiting for risk appetite to pick up, aiming for a surge at the end of the year.
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PessimisticLayer
· 10h ago
Can the support at 87,800 really hold? It feels like it's about to break again.
#数字资产市场动态 Mid-December Market Observation and Trading Ideas
From the overall market logic, the post-holiday rebound is a pattern observed in previous years. Coupled with the market's continued optimism about the Fed's rate cut cycle next year, the uncertainties in the global economy and geopolitical situation have actually boosted the willingness of funds to hold cash. This mindset unconsciously supports the valuation of digital assets. On the technical side, Bitcoin's monthly and weekly charts are repeatedly testing key support levels, forming a bottoming pattern. Once risk appetite recovers, price upward movement is only a matter of time. The recent weeks' performance confirms this, so everyone should watch for opportunities around the end of the year.
Specifically, in the current market, $BTC has been testing a large range since the 19th. On the hourly level, a short-term upward trend has formed, with the latest candle closing bullish and the price approaching previous highs. The indicators are interesting: MACD red bars continue to expand, indicating that bullish momentum is accumulating, but the position is already high, so beware of potential top divergence risks; RSI is around 68, close to overbought territory, so a short-term pullback is possible; however, the EMA system (7, 30, 120) remains in a perfect bullish alignment, with prices staying above the moving averages. From a numerical perspective, 87800 is a key support level recently, and the focus is on whether 90600 can be effectively broken through.
$ETH follows the same logic, maintaining a strong stance in the short term.
Trading Suggestions:
Buy in batches within the 87900-88900 range for $BTC, targeting 89900-90400.
Enter positions in the 2900-2940 range for $ETH, targeting 3020-3060.
The key is to control risk and avoid chasing too high.