Coin Circle Liying: After taking profits at 102,000 on December 13, Bitcoin sets off again! How to maintain profits amid Bitcoin's fluctuations? Latest market analysis
Article published on 2024.12.13—01:00
Current Bitcoin price is 101,500, Liying reported a performance of taking profits of 2,500 points before the article, how many fans followed suit? Congratulations again, the trend remains unchanged, the strategy remains the same as mainly going long at low points, waiting for a pullback before continuing to buy on dips, always trading in the direction of the trend, only in this way can one become a perennial champion in the coin circle. As the year-end approaches, will Bitcoin continue to rise? Liying believes the probability is high,
Looking at the current market situation, Liying still analyzes from the price trend. Currently, the K-line pattern in the market is fluctuating above 100,000, forming a relatively obvious box consolidation pattern. Between the 11th and 13th, the K-line showed multiple long lower shadows, indicating strong buying support below. In the four-hour MACD cycle, the MACD histogram has turned positive, and the DIF line has crossed above the DEA line, indicating short-term rebound momentum, but attention is needed to see if it can be sustained. This will determine whether bulls will take all profits.
The relative strength index (RSI) is currently around 60, which is relatively high but has not entered the overbought zone, indicating market sentiment is leaning towards optimism. The trend indicator EMA is currently fluctuating between EMA7 and EMA30, with EMA7 having crossed above EMA30, indicating a bullish short-term trend; EMA120 is still below, and the long-term trend has not completely reversed, so it is best to follow the trend and mainly go long. Additionally, the trading volume is increasing, especially as the price approaches 101,000, indicating significant capital games in this area, gradually increasing during the rise, showing that market participants have a higher acceptance of the current price level. The greed index is at 83; the rise is not over yet.
Today's Liying point prediction
Long entry point 100,500, add long at 99,500, stop at 99,000, target 102,000
Short entry point 102,000, add short at 103,500, stop at 104,000, target 99,000
The above is Liying's brief analysis of the current market situation for investors' reference $BTC #比特币行情分析
