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12.18 Midday Cryptocurrency Market Brief
Brothers, the midday market brief is here! The daily decline three-method bearish pattern remains steady, with the moving averages pressing down and the MACD forming a death cross, indicating that the bears haven't fully gained momentum yet.
On the four-hour chart, the MACD has already formed a golden cross, but the momentum is weak, and RSI has been lingering in the weak zone. The rebound is purely futile; right now, the bears are in control.
Pay close attention to the lower band of the Bollinger Bands at 85,950. Once broken below, the price is likely to accelerate downward!
Trading suggestions are as follows:
- Bitcoin: Short at 87,500-88,500, target 85,000
- Ethereum: Short entry at 2,900-2,930, target 2,800#成长值抽奖赢金条和精美周边 #$BTC $ETH $BTC #