Analyst Liang Qiu: Bitcoin/Ethereum Daily Line Two Consecutive Green Candles on 12.12, What is the Outlook for Bullish Trend

Bitcoin/Ethereum has experienced two trading days, with Bitcoin surging over 7000 points and Ethereum rising over 400 points, showing a relatively strong overall trend in the short term, with the potential to test the previous high again. Our short position strategy at 3810 and 101000 from last night was met with a decline to around 3750 and 99500 in the evening. Friends who didn't take profit in time are likely to face stop losses in Ethereum, so it is very important to closely monitor the market and manage the waves effectively. Currently, the market has repeatedly dipped before rising, similar to the rebound after the dip on the 6th, but the rhythm is obviously much slower. There is still room for further short-term rise, so be patient and wait for the market to exhaust itself and observe the breakout situation.

The K-line pattern has recently shown a trend of oscillating upwards, with consecutive daily green candles indicating significant upward momentum. In terms of technical indicators, the current MACD shows a DIF of -18.78, DEA of -40.88, and a positive MACD histogram value of 44.21, indicating that bullish strength is increasing in the short term, with the possibility of further upward movement. The four-hour line is about to close, and there is still some upward space for Ethereum, focusing on the resistance level around 3980, while Bitcoin is still paying attention to the key level around 102000. From the perspective of the MA moving average indicators, the market has again broken through the resistance of the 7-day and 10-day moving averages, with the moving averages arranged in a bullish upward trend. After the short-term market retracement, there is still room for further upward movement, with support from the moving averages referencing the 7-day moving average of 99500 and the 3860 level. If the moving average support is effective, the market will continue to rise after testing the retracement. It is advisable to focus on wave management, looking for short-term retracements.

In terms of operations, enter short positions for Bitcoin around 101300 to 101800, targeting around 99800; for Ethereum, enter short positions around 3960 to 3990, targeting around 3860. Currently, the market is mainly about waves, and the article is effective, with specific real-time guidance as the main focus. #加密市场反弹