(Trend Analysis on Saturday Evening, December 28)
This Saturday, the overall market fluctuates relatively steadily, with prices continuously oscillating around 94,000. After a drop yesterday, there was a slight rebound, but the overall trend still appears weak.
From an hourly technical analysis perspective, the MACD fast and slow lines are below the zero axis, but the negative values of DIF and DEA are gradually converging, indicating a potential golden cross, suggesting a rebound may occur in the short term.
At the same time, the current coin price is above EMA7 but below EMA30 and EMA120, indicating certain support in the short term, but medium to long-term pressure remains significant.
In the case of a rebound, if it reaches the upper range of 95,600 - 96,500, it can continue to look bearish, with lower targets to watch around 93,500 and 92,500.