Crypto Circle Red Sister 12.4: Bitcoin bulls increase volume again, aiming for 96,000 this week! Today's latest market analysis and trading suggestions for Bitcoin (BTC)!

CN
1 hour ago

Red Sister in the Crypto Circle 12.4 (Writing time 2:26) Today's Bitcoin (BTC) latest market analysis and trading suggestions:

The current price of Bitcoin is around 93,000. In the 1H evening market, Bitcoin has attempted to break below the MA30 line three times without success, indicating that the bulls are still relatively strong. The short position set by Red Sister today has only 1,500 points of space, and the market has returned above the middle track again. The MACD's red bars are shrinking again, and after the DIF and DEA formed a dead cross, they are converging. The RSI's three lines are sticking together and rising close to 65, while the KDJ's three lines are moving up close to the overbought zone. The RSI's three lines are crossing upwards close to 70, indicating that there is a possibility for the market to continue to attack and break through the previous high at the upper track. Red Sister suggests that the high short position needs to continue to move up, and the short-term support still focuses on the MA30 and the lower track area for buying.

If the market breaks through the previous high and the daily MA30 and EMA30 double line crossover area again, it will continue to explore the daily upper track at 96,500. In the daily chart, the MACD's green bars continue to increase in volume, the DIF and DEA are still opening, the KDJ's three lines are crossing upwards and approaching 90, and the RSI's three lines are also crossing upwards close to 65, indicating that the bulls are still present and have not finished. The strategy can still be to enter low long positions, and those who want to set up long-term shorts need to be patient!

Selling point sharing: ≥96,000 light short, stop loss above 97,000. Take profit at 95,000-93,800-92,000, and if it breaks below 91,800-91,500, you can continue to hold.

Buying point sharing: ≤92,000 light long, stop loss below 91,200. Take profit at 93,800-95,000-96,000, and if it breaks above 96,500-97,000, you can continue to hold.

The article review and push have delays, and the above points are for reference only. Please grasp the timing of buying and selling yourself, and ensure proper risk control when entering the market. Do not operate with heavy positions! Thank you for reading!

If you want to get more trading information daily, you can scan to follow Red Sister herself! Daily real-time orders and fan benefit orders at irregular times!

Thus, our journey in the crypto circle begins to move towards a broader new starting point, and it is by no means an endpoint, as the road is still long and must be walked step by step! The ocean of the crypto circle is vast and boundless, full of opportunities and challenges. I hope you will always maintain a thirst for knowledge and a spirit of exploration for the unknown in the days to come. Remember, the crypto circle is not just about numbers and charts, but also about humanity, decision-making, and the art of the future. In investing, maintain rationality and calmness, do not be swayed by short-term fluctuations, and view the market with a long-term perspective. Keep learning and improving your professional quality. Knowledge in the financial field is constantly updating; only by continuous learning can you keep pace with the times and seize every opportunity. Be brave to try and innovate. Do not fear failure, as every failure is an opportunity for growth. In the world of the crypto circle, the brave often carve out their own territory. Finally, I wish you all shine on the stage of the crypto circle, realizing your value and dreams. Wherever and whenever, Red Sister cheers for you and looks forward to your wonderful performance. Red Sister wishes everyone a smooth journey in the crypto circle, returning with a full load!

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