Yue Ying: 12.18 Bitcoin and Ethereum Market Analysis Today - Extremely Weak Rebound, CPI Boosts Bullish Counterattack? Includes Current Price Suggestions



I am Zhou Yue Ying. If you enjoy the article, please follow me and check out today's share!
Technical Analysis of Bitcoin ————

Looking at the daily chart, Bitcoin's previous rebound was blocked again, and it closed with a downward candle. The market opened near the lower band, oscillated slightly, with Bollinger Bands slightly opening, short-term moving averages turning downward, MACD fast and slow lines crossing and leveling, volume bars slightly increasing, KDJ running downward near the 0 axis for support, and VR index consolidating around 90.
On the 4-hour chart, after encountering resistance and pulling back, the price found support near the lower band and stabilized with a small bullish rebound. Bollinger Bands are narrowing downward, short-term moving averages turning, MACD fast and slow lines crossing upward, volume bars slightly increasing again, KDJ showing signs of turning upward, and VR index consolidating around 70.
Overall, the market has broken out of the range and faced resistance testing upward. Although the technical outlook is somewhat weak, the probability of a very weak rebound is high. Tonight's CPI data release adds uncertainty, so the short-term focus is on a rebound, using previous lows as a reference for short-term strategy.

Bitcoin Short-term Suggestion: Current price around 86,350 (strategy activated, profit is self-managed)

Auntie’s Technical Analysis ————

Auntie’s daily and 4-hour technical outlooks are aligned with Bitcoin’s reference. Although overall weak, effective short-term support suggests a bullish counterattack. Today's article provides current price suggestions, so I won't elaborate further—just look at the short-term advice.

Auntie’s Short-term Suggestion: Current price around 2,820 (strategy activated, profit is self-managed)

—— I am Zhou Yue Ying, a teacher focused on technical analysis. If you have any questions about operations or trends, feel free to exchange ideas and learn together! Let's communicate and profit together. #BTC #ETH
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