12.19 Morning Silk Road
Powell has just finished speaking, and the main players took the opportunity to liquidate long positions, with Bitcoin returning to above the 100,000 mark again.
BTC
The daily K-line for Bitcoin peaked at 106,130 and hit a low of 100,800, just backtesting the EMA15 trend support point at 101,000. Pay attention to the next key EMA30 support point, which is also a trial entry point for long positions at 97,000. Just set a defensive stop-loss. As long as the price does not break 103,000 before the close at 8 AM, then the MACD contraction will likely become a certainty, and the DIF and DEA dead cross will take shape. The main players are likely to hover around the 100,000 mark, and the deeper the backtest, the more objective the space for volatility becomes.
The four-hour K-line has seen three consecutive bearish candles reaching the EMA90 trend support point at 101,000. Pay attention to the EMA120 key support at 99,750.
ETH
The daily K-line for Ethereum peaked at 3,910 and hit a low of 3,630, slightly breaking the EMA30 support at the critical point of 3,645. The bearish trend is very strong in the short term, with MACD contraction increasing, and the DIF and DEA still spreading at high levels. The Bollinger Bands are showing contraction, and the K-line has backtested and broken below the middle line of the Bollinger Band at 3,815. Pay attention to the lower band support point at 3,540 as a trial entry point for short positions. The KDJ crossed downwards and has started to spread; the overall trend is in a sharp decline, waiting for a stop in the drop. Avoid chasing highs and cutting losses to prevent the main players from liquidating both long and short positions.
Operational Suggestions
Bitcoin: 99,000-98,000 for trial entry, defensive at 97,000, stop-loss at 500, target at 100,000-101,500, breaking above 102,000-103,000.
Ethereum: 3,550-3,600 for trial entry, defensive at 3,500, stop-loss at 50 points, target looking at 3,650 to 3,700, breaking above looking at 3,750 to 3,800.
#比特币突破7万美元 #比特币 #以太坊