Sea of Coins Surfing: 12.15 Cryptocurrency Market Bitcoin (BTC), Ethereum ( ETH ) Latest Market Analysis and Insights for Tonight
Sea of Coins Surfing: 12.15 Bitcoin (BTC) Market Analysis Reference: Bitcoin maintained a narrow range of oscillation over the weekend, with bulls and bears tugging back and forth around the 90,000 level. Last night, the market suddenly turned, with bears gaining momentum, causing the price to fall sharply with consecutive declines, touching near the 87,500 level before starting to stabilize and rebound. As of now, Bitcoin has rebounded to around 89,600 and is oscillating, returning to the lower end of the previous trading range in the short term. From the daily chart perspective, after several days of consecutive bearish candles, the current price has fallen below the short-term moving average. The Bollinger Bands are gradually narrowing, with the upper band falling back to 93,700 and the lower band rising to 87,300. The current price is below the middle band of the Bollinger Bands and has not yet broken through effectively. The midline (90,500) has become the short-term dividing line between bulls and bears. If the price cannot stay above this level, the subsequent trend is likely to continue oscillating and correcting, further testing the support around 87,300. From the short-term chart perspective, the 4-hour candles initially formed a "two consecutive bullish candles" pattern and gradually approached the middle Bollinger Band but failed to break through due to resistance, then fell back. The KDJ indicator's three lines have completed a bullish crossover from a low position, with the J line quickly rebounding from oversold areas. The DIF and DEA are showing signs of forming a golden cross below the zero line. However, it should be noted that the current rebound has clear constraints: on one hand, the MACD histogram (red bars) continues to narrow, indicating weakening bullish momentum and insufficient momentum for sustained volume expansion; on the other hand, the price remains below the middle Bollinger Band, and the DIF and DEA have not yet officially moved above the zero line to confirm a valid golden cross, nor have they broken through the core boundary of the "weak trend" pattern. Overall, this 4-hour rebound is more of a "technical correction after pullback" rather than a trend reversal. Future focus should be on breaking above the middle Bollinger Band (89,800); if volume increases and MACD confirms a golden cross, the rebound may continue. If price remains constrained below the middle band, it is likely to fall again. Sea of Coins Surfing: 12.15 Bitcoin Short-term Reference: Long position: Buy in the 87,000-88,000 range, stop-loss at 86,000, target 89,000-90,000 Short position: Sell in the 90,500-91,500 range, stop-loss at 92,500, target 89,500-88,500 Sea of Coins Surfing: 12.15 Ethereum Short-term Reference: Long position: Buy in the 3011-3041 range, stop-loss 30 points, target 3100-3150 Short position: Sell in the 3185-3215 range, stop-loss at 3315, target 3100-3050 Timeliness of article delivery may be delayed; these are personal opinions for reference only. Do not operate blindly! I hope everyone stays true to their principles regardless of market fluctuations, maintaining rationality and calmness. Seize opportunities, make each decision precisely, and ride the waves in the ocean of investment to harvest wealth and growth!!! )#BTC
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Sea of Coins Surfing: 12.15 Cryptocurrency Market Bitcoin (BTC), Ethereum ( ETH ) Latest Market Analysis and Insights for Tonight
Sea of Coins Surfing: 12.15 Bitcoin (BTC) Market Analysis Reference:
Bitcoin maintained a narrow range of oscillation over the weekend, with bulls and bears tugging back and forth around the 90,000 level. Last night, the market suddenly turned, with bears gaining momentum, causing the price to fall sharply with consecutive declines, touching near the 87,500 level before starting to stabilize and rebound. As of now, Bitcoin has rebounded to around 89,600 and is oscillating, returning to the lower end of the previous trading range in the short term.
From the daily chart perspective, after several days of consecutive bearish candles, the current price has fallen below the short-term moving average. The Bollinger Bands are gradually narrowing, with the upper band falling back to 93,700 and the lower band rising to 87,300. The current price is below the middle band of the Bollinger Bands and has not yet broken through effectively. The midline (90,500) has become the short-term dividing line between bulls and bears. If the price cannot stay above this level, the subsequent trend is likely to continue oscillating and correcting, further testing the support around 87,300.
From the short-term chart perspective, the 4-hour candles initially formed a "two consecutive bullish candles" pattern and gradually approached the middle Bollinger Band but failed to break through due to resistance, then fell back. The KDJ indicator's three lines have completed a bullish crossover from a low position, with the J line quickly rebounding from oversold areas. The DIF and DEA are showing signs of forming a golden cross below the zero line. However, it should be noted that the current rebound has clear constraints: on one hand, the MACD histogram (red bars) continues to narrow, indicating weakening bullish momentum and insufficient momentum for sustained volume expansion; on the other hand, the price remains below the middle Bollinger Band, and the DIF and DEA have not yet officially moved above the zero line to confirm a valid golden cross, nor have they broken through the core boundary of the "weak trend" pattern. Overall, this 4-hour rebound is more of a "technical correction after pullback" rather than a trend reversal. Future focus should be on breaking above the middle Bollinger Band (89,800); if volume increases and MACD confirms a golden cross, the rebound may continue. If price remains constrained below the middle band, it is likely to fall again.
Sea of Coins Surfing: 12.15 Bitcoin Short-term Reference:
Long position: Buy in the 87,000-88,000 range, stop-loss at 86,000, target 89,000-90,000
Short position: Sell in the 90,500-91,500 range, stop-loss at 92,500, target 89,500-88,500
Sea of Coins Surfing: 12.15 Ethereum Short-term Reference:
Long position: Buy in the 3011-3041 range, stop-loss 30 points, target 3100-3150
Short position: Sell in the 3185-3215 range, stop-loss at 3315, target 3100-3050
Timeliness of article delivery may be delayed; these are personal opinions for reference only. Do not operate blindly! I hope everyone stays true to their principles regardless of market fluctuations, maintaining rationality and calmness. Seize opportunities, make each decision precisely, and ride the waves in the ocean of investment to harvest wealth and growth!!! )#BTC