Based on current market information, here are the trading strategy references for Bitcoin (BTC) on December 7:
I. Long-term Strategy
If the price is above 97762.89 USDT after 8:00 today, consider buying in, as a long-term uptrend may follow.
II. Short-term Strategy
1. Long Opportunity: - Entry point: 88000 USDT, defense at 87000 USDT (stop loss of 500 points), target 91000 USDT. - Basis: 2-hour candlestick chart shows consecutive bullish candles, MACD indicates strong short-term rebound momentum, short-term support is effective.
2. Short Opportunity: - Entry point: 91000 USDT, defense at 92000 USDT (stop loss of 500 points), target 89000 USDT. - Basis: Daily chart bearish pressure persists. If the 90000 USDT psychological level cannot be broken, the trend may further decline.
Friendly reminder: BTC is currently in a consolidation and correction phase. Technical signals are mixed. It is recommended to set strict stop losses and control position risk.
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Based on current market information, here are the trading strategy references for Bitcoin (BTC) on December 7:
I. Long-term Strategy
If the price is above 97762.89 USDT after 8:00 today, consider buying in, as a long-term uptrend may follow.
II. Short-term Strategy
1. Long Opportunity:
- Entry point: 88000 USDT, defense at 87000 USDT (stop loss of 500 points), target 91000 USDT.
- Basis: 2-hour candlestick chart shows consecutive bullish candles, MACD indicates strong short-term rebound momentum, short-term support is effective.
2. Short Opportunity:
- Entry point: 91000 USDT, defense at 92000 USDT (stop loss of 500 points), target 89000 USDT.
- Basis: Daily chart bearish pressure persists. If the 90000 USDT psychological level cannot be broken, the trend may further decline.
III. Key Levels to Watch
- Support: 88000 USDT (short-term), 89939 USDT (near bullish engulfing pattern).
- Resistance: 90000 USDT (psychological level), 91000 USDT (short-term target).
Friendly reminder: BTC is currently in a consolidation and correction phase. Technical signals are mixed. It is recommended to set strict stop losses and control position risk.