12.2 Midday Analysis
The daily K-line shows multiple long upper shadows, indicating that there is certain selling pressure above.
MACD: The hourly MACD shows signs of a death cross, and the histogram has turned from positive to negative, which may face pullback pressure in the short term.
The price is currently between EMA7 and EMA30. If it breaks below EMA7 (97078.66), it may test lower support levels.
Old Wang's analysis suggests that Bitcoin may retrace to the 96000-95000 area, with a target of 97200—98000.
Auntie may retrace to the 3660-3610 area, with a target of 3730-3780.
