Biquan Liying: Bitcoin’s cliff-like pullback on December 28 is a warning! Latest market analysis

  Coin Circle Liying: Bitcoin 12.28 Latest Market Analysis

  Article Release Time 2024.12.28—01:30

  Bitcoin is currently priced at 94200. As mentioned in the opening of yesterday's article, after taking profits at 96000, we went long, with a target of 97000. We have already taken profits and went short. We took profits again at 95000, gaining 1000 points for long and 2000 points for short. Now Liying will continue to enter the market at the support point after breaking the previous low again. At this time, the market is pulling back and forth, and the most suitable thing is to do the band. If you don't believe it, look at the following Liying analysis

  First of all, it is still a price trend analysis. The current K-line pattern price fluctuates greatly, with multiple long upper and lower shadows, indicating that there is strong selling pressure and buying in the market. Liying found that the recent K-lines showed obvious signs of correction, especially the big negative line on the 27th. The technical indicator MACD short force is strong and obvious.

The relative strength index RSI value is around 40. Liying judges that there may be further room for decline. The trend indicator EMA short-term EMA7 has crossed the medium-term EMA30 and is far away from the long-term EMA120. Liying judges that the short-term trend is bearish. The trading volume shows that the market sentiment is fierce. The long and short sides are fighting fiercely. Short shorts are inevitable but not suitable for killing the decline. Then wait for the shorts to finish before entering the market.

Today's Liying point forecast

Long point 93000, 92000 to cover long, stop 91500, target 95000

Short point 96000, 97000 to cover short, stop 97500, target 94000

The above analysis is based on the conclusions drawn by Liying based on market data and market trend analysis, and does not constitute investment advice. For your reference $BTC #比特币行情分析