#BTC 12.4 Early Morning Bitcoin and Ethereum Market Analysis and Trading Recommendations

From the four-hour chart perspective, the bullish pattern for Bitcoin continues. After effectively breaking through previous resistance, the price has solidly established itself above the middle Bollinger Band and multiple moving averages, overall running within an upward channel and maintaining a healthy structure. Although the latest candlestick shows consolidation at a high level with a smaller real body, there is a clear long lower shadow below, indicating strong buying support during the pullback—this is not a signal of trend reversal, but rather a natural digestion and consolidation after a strong rally. The moving average system continues to diverge upwards, providing ongoing support for the trend, and the bullish dominance remains unchanged.

Switching to the one-hour timeframe, Bitcoin is currently continuing range-bound consolidation, with candlesticks fluctuating slightly around short-term moving averages, showing a typical high-level accumulation pattern. Notably, every dip in price is quickly bought back, indicating strong buying interest at lower levels and solid support below. The middle Bollinger Band is steadily moving up, also suggesting that short-term momentum is still accumulating. The bears have not shown substantial pressure, and the current consolidation can be seen as accumulation and energy storage for the next upward move.

Overall, the market is currently in a high-level accumulation and rotation phase, with the bullish trend remaining intact. As long as Bitcoin can hold above the 92,300 support level, it is expected to attempt another upward move after consolidation, continuing its oscillating upward rhythm.

In the early morning, you can go long on Bitcoin near 91,800 with a target of 93,500.
In the early morning, you can go long on Ethereum near 3,070 with a target of 3,180.#成长值抽奖赢iPhone17和周边 #十二月行情展望 #广场发帖领$50