12.17 Bitcoin/Ethereum Evening Trading Strategy and Market Analysis
Currently, Bitcoin/Ethereum continues to trade sideways with consolidation, and as long as key support levels hold, there is a rebound opportunity. The daily MACD shows narrowing red bars, and RSI remains neutral; the bearish structure has not changed, indicating a weak rebound after overselling. However, on the hourly and four-hour charts, there are signs of stabilization, and the strength of the subsequent rebound depends on whether the 88,500 and 3,000 levels are broken. The daily Bollinger Bands are flattening, with prices testing the lower band support continuously. After RSI forms a death cross, it approaches the oversold zone. The four-hour RSI shows shrinking volume, about to form a golden cross; meanwhile, the hourly MACD exhibits slight bullish momentum, indicating a short-term rebound demand.
Evening Trading Recommendations: Buy near 86,000-86,500 for Bitcoin, targeting 88,000-89,000; buy near 2,890-2,910 for Ethereum, targeting 2,980-3,030.
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12.17 Bitcoin/Ethereum Evening Trading Strategy and Market Analysis
Currently, Bitcoin/Ethereum continues to trade sideways with consolidation, and as long as key support levels hold, there is a rebound opportunity. The daily MACD shows narrowing red bars, and RSI remains neutral; the bearish structure has not changed, indicating a weak rebound after overselling. However, on the hourly and four-hour charts, there are signs of stabilization, and the strength of the subsequent rebound depends on whether the 88,500 and 3,000 levels are broken. The daily Bollinger Bands are flattening, with prices testing the lower band support continuously. After RSI forms a death cross, it approaches the oversold zone. The four-hour RSI shows shrinking volume, about to form a golden cross; meanwhile, the hourly MACD exhibits slight bullish momentum, indicating a short-term rebound demand.
Evening Trading Recommendations: Buy near 86,000-86,500 for Bitcoin, targeting 88,000-89,000; buy near 2,890-2,910 for Ethereum, targeting 2,980-3,030.