Crypto Market Analysis by Hongjie 12.5: Bitcoin 4H Faces Another Squeeze, Key Levels to Watch for Bearish Break! Latest Bitcoin (BTC) Market Analysis and Trading Suggestions!

#十二月行情展望 #加密市场回暖 #比特币行情观察 $BTC $ETH

Bitcoin is currently around 92100. In the 4H chart, the evening session is under pressure at the EMA160 line, retracing down to the EMA30-EMA60 range and forming a long lower wick. The price is now at the EMA120 position, with the BOLL channel also narrowing. The upper band is pressing down, while the middle and lower bands continue to turn upward. The MACD green bars have further contracted and are close to the zero axis. After a golden cross, DIF and DEA are converging and may form a death cross. The three RSI lines are trending downward, approaching 40. KDJ lines are crossing and spreading downward, nearing 30, indicating the retracement is not over. Watch EMA60 and the 90000 level below as key support—if these hold, consider entering longs. On the upside, focus on the EMA160-EMA200 range—if unbroken, look for short opportunities! On the daily chart, key resistance is at EMA30, with the middle band near 90000 as bullish support. Both KDJ and RSI show a downturn at high levels, indicating a need for further pullback.

Sell Point Suggestion: Light short at ≥93600, stop loss above 94500. Take profit at 92500-91500-90500. If it breaks below 90200-90000, you can hold further.

Buy Point Suggestion: Light long at ≤90500, stop loss below 89600. Take profit at 91500-92500-93500. If it breaks above 94000-94500, you can hold further to 95000.

Article review and push may be delayed. The above levels are for reference only. Please make your own decisions on entry and exit timing, manage risk, and avoid heavy positions! Thank you for reading!