Riding the Waves of the Crypto Sea: 12.5 Latest Market Analysis Reference for Bitcoin (BTC) and Ethereum (ETH), News Interpretation, and Trading Suggestions

Riding the Waves of the Crypto Sea: 12.5 Bitcoin (BTC) Market Analysis Reference:
Currently, Bitcoin's market is fluctuating around the $92,000 mark, with the price receiving short-term support at EMA7 ($91,074), but still facing strong resistance at EMA30 ($94,426). Overall, it is operating between the middle and upper bands of the Bollinger Bands' upward channel. Observing the daily chart, a clear double bottom structure has formed, MACD is rising with increased volume, and the DIF and DEA lines remain in a bullish golden cross formation below the zero axis. The current KDJ indicator is in a relatively high region, with the K line above the D line, maintaining a bullish trend. However, the J line is approaching the overbought threshold of 90, and all three lines are narrowing, indicating a short-term risk of a pullback. The medium- to long-term downward pressure is easing, with bullish momentum gradually accumulating.

From the short-term hourly chart perspective, on the 4-hour chart, the price is operating above the middle band, MACD shows decreasing volume, and the fast and slow lines are contracting above the zero axis with signs of a bearish crossover forming. The KDJ indicator continues to diverge downward, indicating a short-term need for a pullback, and the price may test the middle band for support. However, as long as the price does not fall below the middle band ($91,000), it is expected to continue challenging the short-term resistance at EMA30 ($94,400). Therefore, it is recommended to focus mainly on buying the dips.

Riding the Waves of the Crypto Sea: 12.5 Bitcoin Short-term Reference:
Longs: Buy in the 90,500–91,500 range, stop loss at 89,500, target 92,000–92,500.
Shorts: Sell in the 93,500–94,500 range, stop loss at 96,000, target 93,000–91,500.

Riding the Waves of the Crypto Sea: 12.5 Ethereum Short-term Reference:
Longs: Buy in the 3,030–3,080 range, stop loss at 2,930, target 3,150–3,200.
Shorts: Sell in the 3,230–3,280 range, stop loss at 3,400, target 3,150–3,050.

There is a delay in the publication of this article, and it is time-sensitive. Personal opinions are for reference only. Do not operate blindly! I hope that on your investment journey, no matter how the market changes, you can stick to your principles, maintain rationality and composure, seize opportunities, make every decision just right, and ride the waves in the ocean of investment, harvesting both wealth and growth!!!())