Analyst Liang Qiu: 12.11 Bitcoin/Ethereum Trading Strategy with Market Analysis

Bitcoin/Ethereum successfully profited from the strategy of going short first and then long yesterday. After a spike, the market experienced a downward trend, with Bitcoin dropping to around 94300 and Ethereum reaching around 3512. The overall trend has broken down from a range and is currently fluctuating. The market has rebounded again, and in the short term, there is still room for further upward movement. Ethereum appears to be weak overall, focusing on the upper Bollinger Band resistance at 3720 and around 98500, while the lower support remains valid.

In terms of Bitcoin's candlestick pattern, it has recently declined and is now fluctuating within a range, showing significant volatility with multiple swings, facing selling pressure above and support below. On the technical indicators, the current MACD DIF and DEA are both negative, but the MACD histogram is gradually shortening, indicating a weakening of bearish strength, which may form a golden cross. However, from the daily MA moving average indicators, there is still resistance from the 7-day and 10-day moving averages above, and these moving averages continue to press down, with the overall volatility likely narrowing until a change in trend occurs again.

For short-term trading, enter short positions on Bitcoin around 97900 to 98500, targeting around 96500; enter short positions on Ethereum around 3690 to 3720, targeting around 3580. The current market trend is dominant, and this analysis is timely, with specific real-time guidance being prioritized. #BTC投资案未获微软股东同意