Xiaoyao KOL: Bitcoin and Ethereum Market Analysis for Early Morning on 12.11
Bitcoin has recently experienced a significant increase in price, forming a long bullish candlestick, but then it oscillated and retraced from high levels. Overall, the trend shows a rise followed by consolidation. Currently, the K-line is at a relatively high position, not breaking through previous highs. The momentum is temporarily balanced. In the 4-hour cycle, DIF and DEA continue to diverge upward. The MACD histogram indicates weakening of bullish momentum but still remains advantageous. On the daily chart, after a golden cross, the MACD is gradually leveling off, and attention should be paid to whether it will turn into a dead cross. The current price is above the EMA7, EMA30, and EMA120. Short-term moving averages are turning upward, and medium to long-term averages remain bullish, indicating the overall trend is still bullish. The low-position accumulation of Doudan in the afternoon suggests patience in holding, waiting for further market rally #美联储降息预测 #广场发帖领$50 #加密市场反弹
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Xiaoyao KOL: Bitcoin and Ethereum Market Analysis for Early Morning on 12.11
Bitcoin has recently experienced a significant increase in price, forming a long bullish candlestick, but then it oscillated and retraced from high levels. Overall, the trend shows a rise followed by consolidation. Currently, the K-line is at a relatively high position, not breaking through previous highs. The momentum is temporarily balanced. In the 4-hour cycle, DIF and DEA continue to diverge upward. The MACD histogram indicates weakening of bullish momentum but still remains advantageous. On the daily chart, after a golden cross, the MACD is gradually leveling off, and attention should be paid to whether it will turn into a dead cross. The current price is above the EMA7, EMA30, and EMA120. Short-term moving averages are turning upward, and medium to long-term averages remain bullish, indicating the overall trend is still bullish. The low-position accumulation of Doudan in the afternoon suggests patience in holding, waiting for further market rally #美联储降息预测 #广场发帖领$50 #加密市场反弹