BTC has started to pull back after a strong rise caused by the previous momentum and is currently in an upward trend. The technical indicators are performing strongly, with an increase in both volume and price and a clear bullish resonance formed by the moving averages in a long positions arrangement. Long positions have begun to oscillate strongly in the 91200-91600 range. However, in the short term, attention should be paid to the price approaching the strong resistance level of 91839, and the RSI indicator is in an overbought state, which may suppress the upward space and trigger a pullback. There is an expectation of a breakthrough at 92000 in the evening.
From the 1-hour level of Ethereum, after the early long positions completed their dip, there was a quick breakthrough to around 3070 after breaking through 3030, and the short positions quickly shorted back down to the current vicinity of 3030. Currently, it looks like the long positions are slightly probing upward, and there may be a breakthrough at 3100 points. From the 4-hour level of BTC, the long positions have shown a strong rise with 4 consecutive bullish candles, but after the morning when the long positions pulled BTC to around 91850, the momentum started to weaken. Currently, it is accumulating momentum near 91300. Near BTC 91450, multiple targets near 91900. Long positions around ETH 3030 targeting near 3060 #十二月降息预测
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BTC has started to pull back after a strong rise caused by the previous momentum and is currently in an upward trend. The technical indicators are performing strongly, with an increase in both volume and price and a clear bullish resonance formed by the moving averages in a long positions arrangement. Long positions have begun to oscillate strongly in the 91200-91600 range. However, in the short term, attention should be paid to the price approaching the strong resistance level of 91839, and the RSI indicator is in an overbought state, which may suppress the upward space and trigger a pullback. There is an expectation of a breakthrough at 92000 in the evening.
From the 1-hour level of Ethereum, after the early long positions completed their dip, there was a quick breakthrough to around 3070 after breaking through 3030, and the short positions quickly shorted back down to the current vicinity of 3030. Currently, it looks like the long positions are slightly probing upward, and there may be a breakthrough at 3100 points. From the 4-hour level of BTC, the long positions have shown a strong rise with 4 consecutive bullish candles, but after the morning when the long positions pulled BTC to around 91850, the momentum started to weaken. Currently, it is accumulating momentum near 91300.
Near BTC 91450, multiple targets near 91900.
Long positions around ETH 3030 targeting near 3060 #十二月降息预测