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Xiang Li: December 9 Evening BTC & ETH Operations and Analysis
In the afternoon, the market showed a unilateral upward trend with limited overall fluctuation. BTC rebounded steadily from the low of 89,368 to around 90,584, then slightly retraced to the current 90,100 area for correction. ETH closely followed BTC’s movement, starting to gain momentum from 3,089, rising all the way north to a high of 3,130. Unfortunately, it failed to hold above that level and then fell back to hover around the current 3,100 area.
From the four-hour chart, BTC is currently running within the Bollinger Bands’ upw
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Xiang Li: December 9th Morning BTC & ETH Operations and Analysis
During the early morning session, market volatility was minimal and trading was light. Overall, the market entered a sideways consolidation phase after a sharp decline, with only slight fluctuations occurring in the latter half of the night session. After bottoming out at 89,553, BTC gradually climbed to 91,338 before pulling back slightly to consolidate around 90,200. ETH closely followed BTC’s rhythm, rebounding strongly by over 100 points after bottoming at 3,066, reaching 3,152 before failing to hold and retreating to hover a
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Xiang Li: Early Morning of December 9 - BTC & ETH Operations and Analysis
From the hourly chart, BTC is running steadily near the mid-band of the Bollinger Bands. The three bands of the Bollinger Bands are moving sideways in sync and the opening shape has not changed, all of which undoubtedly provide favorable conditions for BTC to test new highs again. The MACD indicator's two lines have entered the strong region of the zero axis, and the shrinking sell-side momentum indicates a shift in market strength, entering the bullish territory. Meanwhile, the KDJ indicator shows a golden cross forming
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Xiang Li: Analysis and Operations for BTC and ETH in the Early Hours of December 9
From the four-hour timeframe: BTC is currently moving closely along the middle band, and all three Bollinger Bands are moving downward in sync, with the opening shape slightly contracting, but this does not affect BTC’s continued acceleration downward. The MACD indicator’s two lines are running just below the zero axis, with buying momentum gradually decreasing, indicating that the bears still have a certain degree of control in the current market. Meanwhile, the KDJ and RSI indicators’ three lines are arranged
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Xiang Li: December 8 Midday BTC & ETH Operations and Analysis
From the four-hour chart perspective, the downward channel for BTC remains quite intact, providing favorable conditions for further downside. At the same time, the MACD indicator’s double lines are still in the weak zone, and with the weak pattern not having fully reversed, the J line has already entered the overbought zone, indicating the short-lived upward momentum has come to an end and BTC is about to head downward. Looking at the hourly chart, there is a severe divergence in volume, which suggests that the morning’s BTC rise wa
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Xiang Li: December 8th Morning BTC & ETH Operations and Analysis
The forecast and market conditions were once again synchronized. During the early morning hours, by sticking to the short-selling strategy and seizing the opportunity to short at the highs, I decisively placed two orders, one each for BTC and ETH, entering at 91676 and 3143, exiting at 89140 and 3030. Successfully captured 2536 and 113 points of profit respectively!
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Xiang Li: December 8 Morning BTC and ETH Operations and Analysis
The market was quite active during the early morning hours, with intense long-short battles and both sides taking turns, making it hard to determine the winner in key areas. BTC bottomed out at 87,688 before surging strongly to a recent high of 91,722. Unfortunately, it failed to hold above that level and continue the upward momentum, subsequently dropping nearly 3,000 points to around 88,890. It is currently rebounding slightly, waiting for opportunities around the 90,000 mark. ETH mirrored BTC’s trend, starting from 2,903 and c
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Xiang Li: December 8 Morning BTC & ETH Operations and Analysis
During the early morning session, we continued to go short, and the market responded accordingly. Once again, our predictions perfectly matched the outcomes. I will share the relevant data with everyone shortly!
BTC can be shorted in the 88,500-89,000 range, with a target around 88,200.
ETH can be shorted in the 3,020-3,050 range, with a target around 2,940.
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Xiang Li: December 8 Early Morning BTC and ETH Operation and Analysis
Brother Qie's downward channel has not been affected by this strong upward surge and remains intact. Moreover, the candlestick has already entered the overbought zone, which is even more evident on the hourly chart, and the candlestick has begun to turn downward. Most importantly, during this round of strong upward movement, although the price has risen, the trading volume has not increased accordingly. The lack of volume-price resonance can only indicate that this rise is not very reliable.
The outlook for the early morning
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Xiang Li: Midnight Analysis and Operations for BTC and ETH on December 7
Looking at the current institutional charts across all levels, all signals are already very clear, and the overall market sentiment is extremely pessimistic, with the market completely dominated by bearish momentum.
As long as BTC doesn't break above the resistance levels at 89500 and 3050, the probability of a downward move during the early morning hours will increase significantly. At the same time, we need to pay close attention to the following key support points: for BTC, 88200, 87700, and 86500; for ETH, 2940, 2900,
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Xiang Li: December 7 Midnight BTC & ETH Operations and Analysis
After experiencing a sharp drop, a technical rebound after bottoming out is normal. Currently, BTC has rebounded about 1,000 points and ETH about 60 points, but this does not prevent the market from continuing its downward trend. This is just the vanguard of the decline; the main force will arrive as expected!
BTC can be shorted in the 88,000-88,500 range, target around 86,500.
ETH can be shorted in the 2,940-2,970 range, target around 2,850.
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Xiang Li: December 7 Morning BTC & ETH Operations and Analysis
During the early morning hours, there was a unilateral downward trend. After being pressured at the 90,000 level, BTC moved south all the way down, reaching a low of 88,870, then rebounded slightly and is currently correcting around 89,300. Compared to BTC, ETH's pullback was much milder. After being pressured at 3,055, it gradually dropped more than 30 points, rebounded at 3,023, and is currently hovering around 3,040.
From the daily chart perspective, the short-term downward trend will continue. Looking closely at the 4-hour char
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Xiang Li: December 6 Early Morning BTC & ETH Operations and Analysis
In the past two hours, the overall market situation hasn't changed much. BTC continues to consolidate around 89,500. Likewise, ETH is hovering around the 3,050 level without clear direction.
On the hourly chart, BTC is running closely along the EMA7 line, and the bearish crossover formed earlier this morning has not yet reversed, which sets the stage for further accelerated decline in the next phase. At the same time, trading volume is perfectly synchronized with BTC's downward movement, indicating that this round of decline
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Xiang Li: Midnight on December 6, BTC and ETH Operations and Analysis
The recent roller-coaster-like market move was truly baffling. It seems like something has changed, but at the same time, maybe nothing has changed. However, in the midst of an otherwise uneventful day, a very clear message has emerged: BTC at 90,000 and ETH at 3,050 are the key levels that will determine tonight’s direction. As long as these levels aren’t broken and held, the market is destined to trend downward tonight!
For BTC, consider entering short between 89,500-90,000, targeting around 88,000.
For ETH, consider enter
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Xiang Li: BTC & ETH Operations and Analysis on the Evening of December 6
From the hourly chart, the three bands of the Bollinger Bands are moving down in sync, and the mouth of the bands is gradually narrowing. Price is continuously sticking close to the middle band, laying the foundation for further downward acceleration. A narrowing of the bands often signals a new move. On the MACD indicator, the two lines continue to run in the weak zone, and the underwater golden cross has not had an immediate effect. The overall market remains weak. Although buying orders continue to enter the market, wh
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Xiang Li: December 6 Evening BTC and ETH Operations and Analysis
The entire market was not very active during the afternoon session, with light trading and the trend in a sideways consolidation phase. BTC and ETH mainly fluctuated around the 89500 and 3030 lines, respectively.
From the four-hour chart: BTC is running in a downward channel below both moving averages. The EMA7 and EMA30 lines are both trending downward synchronously and are about to form a death cross, which lays the foundation for BTC to accelerate its decline. In the MACD indicator, the two lines have also formed a bearish cro
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