The candlestick chart shows a clear oscillating upward trend, especially after December 11, with multiple long lower shadows indicating strong support below.

A slight rebound formed on December 18 and 19, but it failed to break through the previous high, indicating that upward pressure still exists.

  • MACD: The current DIF is below DEA, the MACD histogram is negative and shortening, indicating that bearish strength is weakening, possibly brewing a rebound.

  • RSI: The current RSI is at 57.1, close to the neutral zone, having previously entered the overbought zone before retreating, and there are currently no extreme signals.

  • EMA: The price is below EMA7 (102285.3) but above EMA30 (97249.1), and it may oscillate between these two moving averages in the short term. EMA120 (80385.2) is far below the current price, and the long-term trend remains upward.

On December 18, trading volume increased significantly to 328582, then decreased sharply to 90310 on December 19, indicating that market sentiment has cooled.

Medium to long-term spot trading [buy and sell points]:

Buy point one: 100000 USDT (integer support, close to the previous low and near EMA20)

Buy point two: 98500 USDT (further probing into the December 11 low area, with strong buying support)

$BTC


Short-term trading [buy and sell points]:

Buy point one: 100000 USDT (integer support, close to the previous low and near EMA20)

Buy point two: 98500 USDT (further probing into the December 11 low area, with strong buying support)

Long position stop-loss point: 97500 USDT (below buy point two to avoid the risk of breaking the December 10 low)

Short position point one: 103500 USDT (close to recent high and EMA20 resistance)

Short position point two: 105000 USDT (opening space above after breaking through, close to the December 17 high)

Short position stop-loss point: 106000 USDT (above sell point two to guard against breaking through the December 18 high)

$BTC