Crypto Circle Sister Hong 12.9: Bitcoin 4H upper band under pressure—can a death cross form and break downward? Latest Bitcoin (BTC) market analysis and trading suggestions!
Bitcoin is currently around 90150. During the day, the price attempted to break the 4H upper band but continues to be pressured and pulled back. The BOLL upper band is pressing down and approaching the EMA120, so it may continue to face resistance here in the near term. The current candlestick is at the middle band position, and the MACD shows a significant reduction in the green bars, with DIF and DEA converging, suggesting a possible death cross. RSI's three lines are turning upward, indicating the bulls might make another short-term push, while KDJ's three lines are crossing downward, indicating room for downside ahead. Sister Hong suggests taking profits and reducing positions on high short entries, and holding remaining positions to see if there's a break below MA120 towards the lower band! For short-term rebounds, prioritize high short entries, and focus on the support below the daily middle band for potential short-term long trades!
Sell point suggestion: ≥91500 light short, stop loss above 92400. Take profit at 90400-89300. If it breaks 89000 for the long-term, you can continue to hold for around 88400.
Buy point suggestion: ≤89300 light long, stop loss below 88500. Take profit 1000-2000 points.
There is a delay in article review and posting. The above price point suggestions are for reference only. Please make your own decisions on entry and exit timing, manage risk, and avoid heavy positions! Thank you for reading!
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Crypto Circle Sister Hong 12.9: Bitcoin 4H upper band under pressure—can a death cross form and break downward? Latest Bitcoin (BTC) market analysis and trading suggestions!
#美联储降息预测 #十二月行情展望 #加密市场回暖 $BTC $ETH
Bitcoin is currently around 90150. During the day, the price attempted to break the 4H upper band but continues to be pressured and pulled back. The BOLL upper band is pressing down and approaching the EMA120, so it may continue to face resistance here in the near term. The current candlestick is at the middle band position, and the MACD shows a significant reduction in the green bars, with DIF and DEA converging, suggesting a possible death cross. RSI's three lines are turning upward, indicating the bulls might make another short-term push, while KDJ's three lines are crossing downward, indicating room for downside ahead. Sister Hong suggests taking profits and reducing positions on high short entries, and holding remaining positions to see if there's a break below MA120 towards the lower band! For short-term rebounds, prioritize high short entries, and focus on the support below the daily middle band for potential short-term long trades!
Sell point suggestion: ≥91500 light short, stop loss above 92400. Take profit at 90400-89300. If it breaks 89000 for the long-term, you can continue to hold for around 88400.
Buy point suggestion: ≤89300 light long, stop loss below 88500. Take profit 1000-2000 points.
There is a delay in article review and posting. The above price point suggestions are for reference only. Please make your own decisions on entry and exit timing, manage risk, and avoid heavy positions! Thank you for reading!