Crypto Circle Sister Hong 12.10: Bitcoin faces resistance at the upper band on the daily chart; 95,000 is a key short-term bearish defense! Latest Bitcoin (BTC) market analysis and trading suggestions!

#十二月行情展望 #反弹币种推荐 #加密市场回暖 $BTC $ETH

Bitcoin is currently around 92,700. In the evening session, after breaking above the 4H EMA200 and entering a seriously overbought state, the price pulled back again. The current candlestick is moving down towards the EMA160, the BOLL channel is opening up, and is not just moving upward, which indicates there is still room below. The three RSI lines are turning down from the top and approaching 55, and the three KDJ lines are also converging downward. In the short term, watch for support at the EMA120 and the middle band on pullbacks; on the upside, look for a second test of the EMA200 and the previous high as resistance, with potential to move up to the EMA250.

On the daily chart, the BOLL channel is parallel, with the candlestick just moving from the middle band to the upper band and forming a pullback. The short-term high-level consolidation channel is taking shape, and the upper band and the 95,000 level may form key short-term bearish resistance. A breakout could lead to further surges. On the downside, as long as the MA7 and the middle band hold, bulls may enter! The KDJ already shows a successful bullish crossover, and the RSI is also turning up, approaching 75. Sister Hong suggests waiting for the pullback to finish before catching another round of upward movement.

Sell Point Sharing: Light short at ≥94,000, stop loss above 95,000. Take profit at 92,700-91,500-90,700. If it breaks further, watch for 90,000.

Buy Point Sharing: Light long at ≤90,700, stop loss below 89,500. Take profit 2,000-3,000 points. If it breaks higher, watch for 94,500-95,000, with potential to move up to around 97,000.

There may be a delay in article review and publishing. The above price suggestions are for reference only. Please make your own judgments on trading timing, and be sure to take risk control measures when entering the market. Do not use heavy leverage! Thank you for reading!