Crypto Circle Liying: The 12.12 Trap Has Finally Been Uncovered! Bitcoin Bulls Are Thriving, Are You Ready? Latest Market Analysis

Article Release Time: 2024.12.12—01:25

Current Bitcoin Price: 100650. The overall trend is indeed as Liying predicted, how many people have entered the market during this wave of baiting shorts? The only regret is that it didn't pull back to the key support near 92000 and instead stretched directly back to the 100000 mark. The overall trend remains a bullish trend, and this is beyond doubt. The greater the depth of the pullback, the faster the bulls will recover. Within a day, it has rebounded by seven thousand points, and there is no sign of stopping the stretch. Let's see how it will proceed according to Liying's analysis.

First, let's analyze from the K-line pattern. Recently, the price has been oscillating at a high level. Yesterday, a long bullish candlestick broke through the previous high point. There was a significant drop between the 9th and 10th, but it quickly rebounded afterward. The technical indicators MACD currently show positive values for both DIF and DEA, and the MACD histogram has turned positive, indicating an enhancement of the bullish trend.

The Relative Strength Index (RSI14) is close to the overbought zone at 62.1 but has not entered the extreme area, suggesting that upward momentum still exists. The trend indicator EMA's short-term EMA7 has crossed above the medium and long-term EMA30 and EMA120, forming a golden cross that supports the upward trend. The bullish continuation volume on the 11th has significantly increased alongside the price rise, indicating positive capital inflow. The trading volume was relatively stable over the previous few days, with minor fluctuations, suggesting that market sentiment is gradually building up. After the main forces took profits at high positions, they began to stretch further. Liying insists on following her own strategy to go with the trend, being mainly bullish and occasionally bearish.

Today's Liying Point Prediction

Long Entry Point: 99000, Add Long at 98000, Stop at 97500, Target at 102000

Short Entry Point: 102000, Add Short at 103500, Stop at 104000, Target at 99000

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