Cryptocurrency Mr. Coin: 12.31 Bitcoin (BTC) Market Analysis Reference
Bitcoin showed weakness in bullish momentum yesterday, with the market continuing to decline. Previous articles have repeatedly mentioned the possibility of further price drops. The long positions during the day were successfully exited with profits, and the trend has broken down as expected. The price is pulling back down to test support levels again. After dropping below the 92,000 level, a rebound occurred, and subsequent sentiment has gradually improved. Currently, the price has returned to the area above 94,000, maintaining a wide-ranging volatile trend, with support showing a downward trend.
On the daily chart, the current trend is running near the five-day moving average, with the market rebounding after a pullback. However, the market is still operating in the middle to lower track area. There is strong resistance at the upper EMA 15-day line and EMA 30-day line area. If it cannot break through and stabilize during the day, the consolidation trend is expected to continue further.
On the short-term hourly chart, bullish sentiment is gradually warming up. The Bollinger Bands are showing a closing pattern, with a rebound candle breaking the Bollinger midline. There are signs that the upward momentum may be interrupted in the short term. We need to see if it can stabilize above the Bollinger midline during the day, so it is not recommended to blindly chase the rise; caution should be taken against potential deep pullbacks. Currently, the Bitcoin market has not broken down, so the strategy is to maintain high positions with low longs. Do not enter blindly and aggressively.
12.31 Bitcoin Short-term Reference:
Long positions in the 92,000-91,500 range, with a stop-loss at 90,500, and a take-profit target above 94,000.
Short positions in the 95,700-95,000 range with light exposure, targeting 500-1,000 points, with a stop-loss at 97,000.
12.31 Ethereum Short-term Reference:
Long positions in the 3,180-3,230 range, with a stop-loss at 2,950, and a target above 3,200.
Short positions in the 3,450-3,410 range, with a stop-loss of 30 points, targeting 50-100 points.
There may be delays in the messages. The strategy suggestions are for reference only. The market changes rapidly, and regardless of how confident you are in market judgments, always ensure to set take-profit and stop-loss levels to secure gains.
#GMT热度飙升 $BTC $ETH #BTC☀ #ETHFI #2025比特币价格预测