Cryptocurrency trading is a long-term plan, not something that can be achieved overnight, so one should not be overly anxious. Even if there are short-term losses, there is nothing to fear. As long as the subsequent direction is chosen correctly, what has been lost will eventually return. However, it is important to grasp the timing of trades and the current market trends to increase the win rate. At the same time, investing is also a process of growth. Mr. Coin advises all cryptocurrency friends to learn while trading, summarizing both gains and losses in a timely manner, deepening their understanding of risks, and planning the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

12.10 Bitcoin Market Analysis Reference

Yesterday's Bitcoin market continued to fluctuate, repeatedly touching the support level around 90,000 in the evening, leading to a strong rebound. The price has now returned to around 94,000, and the market rebound has entered a high-level consolidation. However, the overall downward trend has not dissipated. If it cannot sustain the rebound and stabilize above the 95,000 mark, it is expected that the price will further retrace to the support area around 90,000 to 91,000. I hope all cryptocurrency friends are prepared in advance.

From the short-term hourly chart, the Bollinger Bands are in an opening posture, with the price running near the upper band. Technically, it shows clear short-term strong characteristics. On the daily level, after the price confirmed the bottom support around 89,612 with a long lower shadow on December 8, it has closed higher for three consecutive trading days. At the same time, the daily MACD histogram (value 1937.80) has started to shrink and turn red, indicating a depletion of downward momentum. Meanwhile, the 4-hour level shows even stronger momentum: the price quickly rose from 90,384.54, breaking through the EMA7 moving average (91,777.88), and once touched 93,969.66, forming consecutive bullish candles and a steep rising channel. The MACD indicator at this level also confirms the upward trend, with its DIF line (405.49) crossing above the DEA to form a golden cross, and the histogram continues to expand to 641.57. The short-term bullish momentum is weakening, and the market will see if it can stabilize around the 93,000 level. It is recommended to focus on buying on dips.

12.10 Bitcoin Short-term Trading Strategy Reference:

Short position entry point 94,300-95,300, stop loss at 97,500, target below 93,500.

Long position entry point 90,300-91,300, stop loss at 500, target above 92,300.

12.10 Ethereum Short-term Strategy Reference:

Short position entry point 3,395-3,445, stop loss 30 points, target below 3,090.

Long position entry point 3,181-3,131, stop loss 30 points, target above 3,220.

There may be delays in sending articles, and strategy suggestions are for reference only. The market changes rapidly, and regardless of how confident one is in market judgments, it is essential to manage take-profit and stop-loss effectively to secure profits.

For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin Talks About Coins) to get the addition method: the first ten each day can receive free exit strategy advice.

For more real-time trades, you can follow the public account (Mr. Coin Talks About Coins) to access online market technical learning, exit strategies, etc. I have researched the market for many years, studying the major trends in the cryptocurrency space, and have studied extensively in the U.S. to primarily analyze and guide BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other coins. I welcome all cryptocurrency friends who are unsure about trading to study and learn together.

Exclusive opinions, articles may be delayed in sending, risks are self-borne, and it is important to manage positions reasonably. Do not operate with heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, to move forward together, and to keep pushing. In the depths of time, hold onto understanding. In investing, one must learn to be optimistic. Do not let your future self dislike your present self. We live authentically, but not every data revelation needs to be taken too seriously. Let the past be the past, and let the future come quickly! Take good care of yourself, prepare well, and be ready to set off at any time. Keep it up!

—— This article is written by Mr. Coin from the cryptocurrency circle, no plagiarism, respect originality!

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。