12/7 Bitcoin (BTC) Ethereum (ETH) Afternoon Trading Suggestions and Future Trend Analysis
The market continues to show a weak structure in the afternoon, with an overall bearish trend. Recently, although there has been a short-term rebound after a continuous decline, the downward pressure still dominates from the perspective of multiple time frame indicators. Below is the latest market analysis and trading references.
【BTC Bitcoin Market Analysis】
Currently, multiple technical indicators for Bitcoin show a bearish resonance, and the market continues its downward trend:
● K-Line Pattern
- Recently, a Evening Star reversal signal has appeared, indicating that the bullish momentum above is weakening and bears are taking over the market.
● Moving Average System (MA/EMA)
Short-term and medium to long-term moving averages have formed a death cross;
Prices are running below all key moving averages;
Multiple moving averages are in a bearish arrangement and sloping downwards, indicating that the trend has not yet stabilized.
● Technical Indicator Performance
BOLL: The bandwidth is normal, and the three lines are stable, indicating that the short-term market is not extreme, and there may be fluctuations or weak rebounds;
RSI: It is in a neutral zone, with no signs of oversold panic, which creates some contradiction with the bearish signals, meaning that a technical correction may occur at any time in the short term.
● Key Price Focus
Short-term target support: 80600 level
This position serves as strong support; if it breaks, deeper adjustments should be watched for.
In summary, although there is a demand for fluctuations and corrections in the short term, the main trend remains dominated by bears, and it is still recommended to short on rebounds in the afternoon.
【BTC Afternoon Trading Suggestions】
- Focus on short positions in the 89700–90200 range
Target: 88500–88000 range
【ETH Ethereum Market Analysis】
Ethereum's trend is highly correlated with Bitcoin, maintaining a weak downward structure:
Technical Structure Highlights
The K-line pattern shows a typical bearish arrangement;
The moving average system continues to suppress price rebounds after forming a death cross;
RSI is neutral but slightly weak, with some room for rebound but limited strength;
Overall, it remains in a descending channel, with no trend reversal signals appearing.
ETH rebounds are mostly corrective in nature; if it fails to break through the key resistance area, it will continue to look for a decline.
【ETH Afternoon Trading Suggestions】
- Focus on short positions in the 3050–3070 range
Target: 2980–2950 range
Risk Warning
The strategies in this article are time-sensitive, and afternoon volatility may intensify.
The market changes rapidly; do not over-leverage, and strictly implement take profit and stop loss to avoid emotional trading.
Wishing you successful trading!
【The above analysis and strategies are for reference only. Risks are to be borne by yourself. The article's review and publication may have delays, and strategies may not be timely. Specific operations should follow the real-time strategies of crypto experts.】
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