Analyst Liangqiu: 12.14 Bitcoin/Ethereum Short Position Take Profit - Focus on the Support Below
Bitcoin/Ethereum saw a direct drop in short positions at high levels this morning, with the space fully utilized. All previous posts can be viewed. Currently, the weekend sees a fluctuating market, and it has been emphasized multiple times that the bullish trend remains strong under the MA moving average support, allowing for wave trading rather than simply going long or short. In fact, the overall space has been quite good as we rotate between long and short positions over the past few days, focusing on pressure and support. According to the daily MA moving average indicators, the 7-day, 10-day, and 30-day moving averages are all aligned upwards, which is also the reason for the repeated emphasis that there is further room for the market in the past few days.
In terms of candlestick patterns, the recent significant price increase shows a trend of fluctuating upwards. In the 4-hour cycle, long lower shadows have frequently appeared, indicating strong support below. In terms of technical indicators, the current MACD DIF and DEA values are both positive, and the MACD histogram continues to expand, indicating that the market is in a bullish trend. Pay attention to the 7-day moving average and the recent low support at 99500 and the support around 3830.
In the evening operations, after taking profit on short positions, enter long positions for Bitcoin around 100500 to 101000, targeting around 102600; for Ethereum, enter long positions around 3820 to 3850, targeting around 3940. Currently, the market is mainly focused on waves, and the posts are effective, with specific guidance based on real-time updates. #纳斯达克100指数宣布纳入微策略