Coin Circle Li Ying: December 27 Long and Short Showdown! Has the Bitcoin Price War Started? Latest Market Analysis
Coin Circle Li Ying: Latest Market Analysis for Bitcoin on December 27
Article Published on December 27, 2024 - 01:30 AM
Current Bitcoin Price: 96,500. Li Ying mentioned yesterday to go short around the 100,000 mark and take profits at 96,000. Originally, Li Ying planned to take profits at 97,000, but the shorts dropped too quickly, allowing for an additional 1,000 points on the shorts. Finally, after taking profits at 96,000 for 3,800 points, they flipped to long, currently holding to see if 97,000 can be broken. If not, Li Ying will take profits again. Overall, Li Ying does not expect a significant market movement before the year ends, so they choose to trade in segments. As long as there is obvious support or pressure, they can act, and with good risk management, the returns are still quite objective.
Li Ying starts with price trend analysis. The current candlestick pattern shows significant fluctuations, with multiple long upper and lower shadows, indicating strong buying and selling forces in the market. Recent candlesticks show obvious signs of correction, especially the large bearish candlestick on the 26th. The technical indicator MACD is currently in the negative area, and the DIF line and DEA line have formed a death cross, indicating the possibility of further declines in the short term. Caution is needed when going long.
The Relative Strength Index (RSI) is currently around 45, not entering the overbought or oversold range, but the overall trend is downward, indicating bearish market sentiment. The trend indicator EMA has already broken below EMA7, EMA30, and EMA120, and the moving averages are in a bearish arrangement, indicating a bearish trend in the medium to long term. Trading volume has increased, particularly during sharp price fluctuations, indicating high activity among market participants. Therefore, the overall trend continues to be oscillatory, shorting on highs and going long on lows.
Today's Li Ying Point Predictions
Long Entry at 95,000, add long at 94,000, stop at 93,500, target 97,500
Short Entry at 98,000, add short at 99,000, stop at 99,500, target 96,000
The above analysis is based on market data and trend analysis from the order book by Li Ying and does not constitute investment advice. For family reference $BTC #比特币行情分析