December 29th Morning Analysis
Bitcoin is mainly concentrated around 94,000, experiencing a slight decline before rebounding, but the trend is weak. From a technical indicator perspective, the MACD fast and slow lines on the four-hour chart are below the zero axis, and the negative divergence between DIF and DEA is narrowing, which may form a golden cross, indicating a short-term rebound. The price is above the EMA7 moving average but below the EMA30 and EMA120, showing that short-term support and medium to long-term resistance coexist.
Bitcoin targets the range of 94,500-95,000, aiming for around 96,500-97,860,
Upper resistance at 96,760, 97,460, 99,530
Lower support at 94,326, 93,218, 92,213
Altcoin targets the range of 3,325-3,365,
Aiming for around 3,420-3,440
Upper resistance at 3,398, 4,013, 4,156
Lower support at 3,365, 3,335, 3,316
