December 5th, BTC-ETH Market Analysis and Operations

CN
1 year ago

Market Review:

After a night of fluctuations, the market once again broke through the 42,000 mark, reaching a high near 42,400 before experiencing pressure and falling back. This marks another new high, and the current market is running near 41,700.

Market Analysis:

Looking at the four-hour technical chart, the Bollinger Bands are widening, with the market running below the upper band. There is a continuous trend of retracement and consolidation, with the low points rising upwards. The market has further strengthened to break through the high, opening up the upward space once again. Yesterday's daily chart also closed with a large bullish candle after four consecutive bullish candles, firmly holding above 41,000. The one-sided market trend is very clear, and the overnight pullback did not break below. The bearish momentum remains weak. It remains to be seen whether the market can hold above 42,000 today. The daily Bollinger Bands are widening, the MACD lines have crossed, the bullish energy column continues to increase, and the KDJ three lines have crossed, indicating a bullish bias in all linear indicators. Therefore, the suggested direction for the near term is to focus on buying the dips and consider shorting at higher levels.

Recommendations:

BTC: Consider buying near 41,500 with a target near 42,500-43,000 and a stop loss of 300 points.

ETH: Consider buying near 2,210 with a target near 2,260-2,300 and a stop loss of 20 points.

All the above suggestions are personal opinions and are for reference only.

Risk Warning and Disclaimer:

The market carries risks, and investments should be made with caution. This article does not constitute personal investment advice and does not take into account individual readers' specific investment goals, financial situations, or needs. Readers should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Any investment made based on this information is at one's own risk. (For friends who are still confused about operations, you may want to take a look at the strategies provided. Real-time guidance for 24 hours, as market fluctuations are fast. Due to the impact of timeliness during review, real-time layout based on actual trading is the main focus for future market trends. Friends who need contract guidance can scan the QR code at the bottom of the article to add my public account.)

QR Code

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

币安:注册返10%、领$600
链接:https://accounts.suitechsui.blue/zh-CN/register?ref=FRV6ZPAF&return_to=aHR0cHM6Ly93d3cuc3VpdGVjaHN1aS5hY2FkZW15L3poLUNOL2pvaW4_cmVmPUZSVjZaUEFG
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink