Crypto Circle Sister Hong 12.8: Can Bitcoin Stabilize at the Middle Band After the Wick Rebound and Break Through Resistance? Latest Bitcoin (BTC) Market Analysis and Trading Suggestions!

‍#十二月行情展望 #十二月降息预测 #加密市场回暖 $BTC $ETH

Bitcoin is currently priced around 89,700. After a prolonged period of consolidation yesterday, the market broke down again with a wick nearly reaching 87,500. Sister Hong previously mentioned that prices would test lower again, and this retracement candle formed a rebound right at the lower band. Bitcoin is now at the MA90, moving upward toward the middle band and MA30 range, where it may face short-term resistance. The MACD's red bars are contracting, and DIF and DEA are converging but have not yet formed a golden cross, so keep a close watch today. RSI’s three lines are heading up but facing resistance near 50. There is a short-term upward move on the KDJ. Sister Hong suggests maintaining a high short entry approach!

On the daily chart, the BOLL channel continues to narrow downward, the candle has fallen below the middle band forming a lower shadow, and faces resistance from the MA7-EMA15 range above. If a golden cross forms on the 4H, it may break through this area and approach MA30 again; KDJ’s three lines continue downward, nearing 50, RSI’s three lines lack upward momentum, MACD’s green bars keep contracting, so there may be further downside in the short term. For today, continue to watch support at 87,500-87,000—if this holds, consider short-term longs; if it breaks, look to the lower band near 85,000!

Sell Point Sharing: Light short ≥90,000, stop loss above 91,000. Take profit at 89,100-88,300-87,500. If the price breaks below 87,500-87,000 in the long term, you can continue to hold for a move to around 85,000.

Buy Point Sharing: Light long ≤85,000, stop loss below 84,100. Take profit 1,000-2,000 points.

There may be a delay in article review and push. The above point suggestions are for reference only. Please grasp your own trading timing and manage risk when entering positions. Avoid heavy positions! Thank you for reading!