The bears are exerting pressure around 90200, and after the price dropped to the 87600 level and stopped falling, it rebounded. Currently, it is consolidating around 89200.
From the trend perspective, the bullish momentum on the daily chart is weakening. After the price touched the lower end of the range, it closed with a positive candle, providing short-term support; on the 4-hour chart, the bearish momentum is weakening and also closed with a positive candle, but the overall downtrend has not changed; on the hourly chart, the bullish momentum is strengthening, the price is approaching the midline with signs of an upward breakout, indicating short-term consolidation is somewhat strong, but the major downward trend remains unchanged.
Intraday trading should mainly involve shorting on rallies, entering at key resistance levels, while strictly managing risks. #FHE代币剧烈波动
Specific operational suggestions Bitcoin: Short on rebounds to the 90000-90500 range, target 88000-88500 Altcoin: Short on rebounds to the 3150-3180 range, target around 3000$BTC $ETH
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12.15 Afternoon Silk Road
The bears are exerting pressure around 90200, and after the price dropped to the 87600 level and stopped falling, it rebounded. Currently, it is consolidating around 89200.
From the trend perspective, the bullish momentum on the daily chart is weakening. After the price touched the lower end of the range, it closed with a positive candle, providing short-term support; on the 4-hour chart, the bearish momentum is weakening and also closed with a positive candle, but the overall downtrend has not changed; on the hourly chart, the bullish momentum is strengthening, the price is approaching the midline with signs of an upward breakout, indicating short-term consolidation is somewhat strong, but the major downward trend remains unchanged.
Intraday trading should mainly involve shorting on rallies, entering at key resistance levels, while strictly managing risks.
#FHE代币剧烈波动
Specific operational suggestions
Bitcoin: Short on rebounds to the 90000-90500 range, target 88000-88500
Altcoin: Short on rebounds to the 3150-3180 range, target around 3000$BTC $ETH