Coin Circle Li Ying: The bull market of 12.2 Bitcoin continues! The large-scale trend remains strong! Latest market analysis

Article published on 2024.12.2—03:10

Current Bitcoin price is 97200, Li Ying asks everyone if you have gotten on board this wave, reminding everyone for two consecutive days to get on board at 96000, although profits were taken at 97000 for a gain of 1000 points, not all positions were exited, and a portion remains, the goal is simple to observe the impact force at the hundred thousand mark before deciding, as the large-scale trend remains bullish, the recent frenzy has ended, and it is still a bull market, naturally bullish is the main trend, going with the flow,

Li Ying still analyzes from the price trend, the current market K-line fluctuates between 97000 and 98000, forming a relatively stable oscillation range, a small bullish candlestick with a long lower shadow on the daily K-line indicates certain buying support below, the technical indicator MACD in the 4-hour cycle, DIF and DEA are close to the zero axis, the MACD histogram has turned from negative to positive, indicating that it may enter a rebound phase in the short term, Li Ying reminds everyone to pay attention to the subsequent changes in volume.

The current relative strength index RSI is at 56.9, in the neutral zone, not entering overbought or oversold conditions, market sentiment is relatively stable, the trend indicator EMA7 has crossed above EMA30 and is far above EMA120, indicating a short-term bullish trend, but one must be wary of the risk of a pullback, trading volume has increased and capital activity has risen, so everyone does not need to doubt whether the bull is still there but should consider where the bull will go, is a hundred thousand the peak? After breaking it, where will it go? After all, moving from five digits to six digits is quite an advancement.

Today's Li Ying point prediction

Long entry at 96000, add long at 95000, stop at 94500, target 98000

Short entry at 98000, add short at 99000, stop at 99500, target 95500

The above is Li Ying's brief analysis of the current market situation for investors' reference. $BTC #比特币行情分析