The sea of cryptocurrencies continues its wave: 12.12 Analysis of the latest prices in the digital currency market, Bitcoin(BTC), Ethereum)ETH#BTC today, consultation and analysis

The sea of cryptocurrencies continues its wave: 12.10 Bitcoin price analysis (BTC#ETH ):
Early yesterday, Bitcoin attempted again to rise and break above the resistance level at 94,000, but failed to break through; then the market quickly retreated, dropping below 90,000 dollars, entering a correction and recovery phase. So far, the price has been fluctuating around 90,500. From the daily chart, we observe that the candles continue to decrease, the Bollinger Bands are gradually converging, and the current price is moving near the middle MA. It faces pressure at EMA7 and EMA30, and the DIF and DEA lines still follow the previous trend, while the MACD gap continues to widen with the formation of divergence from the trend. Overall, the daily correction pressure on Bitcoin has not yet been fully released, and monitoring the stability of the 90,000 level is particularly important, as well as the effectiveness of support at the middle Bollinger Band. If this range is lost, there is a high possibility that the price will fall to lower support levels.
On the short hourly chart: on the four-hour level, the market was previously trending downward in a hexagonal shape from the upper Bollinger Band, then declined to the lower band, with selling momentum gradually weakening, and the price rebounded slightly, showing that the lower support line remains strong; on the hourly level, the Bollinger Band range is gradually shrinking, and the price is currently between the upper and middle MAs, with the MACD shifting from negative to positive, the KDJ indicator diverging upward, and DIF and DEA initially crossing below zero. The market is expected to exit the short-term rebound trajectory. However, it should be noted that the rebound signals on the hourly level are still constrained by the broader correction context on the four-hour chart. With the Bollinger Band range shrinking and pressure from the upper MAs, the weakness in momentum may lead to a decline, so blind buying is not recommended.
The sea of cryptocurrencies continues its wave: 12.12 Short-term reference for Bitcoin:
Buy: between 88,000 and 89,000, stop loss 500 points, target 90,000 - 91,000,
Sell: between 91,500 and 92,500, stop at 93,500, target 90,500 - 89,500,
The sea of cryptocurrencies continues its wave: 12.12 Short-term reference for Ethereum:
Buy: between 3,050 and 3,100, stop at 30 points, target 3,150 - 3,200,
$BTC Sell: between 3,260 and 3,300, stop at 3,400, target 3,200 - 3,100,
The publication of this article may be delayed slightly and has a temporary nature. The personal opinion is for reference only; do not make random decisions! We wish everyone on their investment journey, regardless of market changes, to adhere to their principles, maintain rationality and calmness. Seize opportunities, because every decision you make is exactly in place, start your investment journey, enjoy the wave, and achieve wealth and growth!!!