12.11 Lunch Analysis and Suggestions
Looking at the market, the daily K-line is as high as 98270 and as low as 94250. The trend has not completely reversed. The EMA trend indicator is still bullish. MACD is shrinking downward. The top divergence trend support point is near the 90,000 mark. The Bollinger Bands are still shrinking. The K-line falls below the middle rule of 97000 and begins to impact the lower track of 92700. The upper track pressure is at 101300. The short position is already obvious!
The four-hour K-line falls below 95700. The overall trend indicator begins to spread downward and enters the empty position. So you can see that it is an attempt to short, because the trend begins to lean towards the short position, so don't be stubborn and go long. This is a typical secondary jump platform. If you pay attention to the pressure above 98000, you can consider shorting. If you go long, pay attention to the support below the trend line of 92000. Intraday operations can be centered around selling high and buying low!
Suggestion
If Bitcoin does not continue to rise above 98,000, we can go short, targeting 96,500-95,000-94,000
Ether: Focus on 3,670, 3,770 and 3,840 intraday, with 3,515 and 3,475 as targets
