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Crypto world Red Sister 12.24: Bitcoin 4H middle band faces pressure again, will the space below be opened? Today's Bitcoin (BTC) latest market analysis and trading suggestions! #美股圣诞行情开启 #现货黄金再创新高 #2026行情预测
The current price of Bitcoin is around 87500. After a decline to 86600 in the evening, it rebounded again. Currently, it is facing resistance at the upper band of the 1H channel and the positions of MA60, MA90, and MA280. From the BOLL channel formation, the upper band is narrowing downwards, indicating that the upper space will not be large. In the MACD, there are signs of shrinking green bars, and DIF and DEA are converging. The KDJ three lines show a top turning signal. It is recommended to continue paying attention to the upper three line resistance levels during the day to enter short positions.
In the 4-hour chart, the lower band of the BOLL is extending downwards, and it has not yet broken the previous low, but the K-line is clearly blocked at the middle band position. The red bars in the MACD are shrinking, indicating weakness, and the DIF and DEA have formed a death cross with an opening. There is still space for a downward fluctuation in the short-term market, and short positions need to defend against a second break of the middle band, while leaving room to add positions near the upper band. For short-term targets, we can look at around 86600, and for long-term, we look at the daily lower band at 85150. Hongjie suggests maintaining a primarily bearish outlook!
Selling point: Sell short at ≥88300, reserve 89600 for补, stop loss above 90400; take profit at 87500-86600. If it breaks down below 86500-86000, you can continue to hold until near 85150.
Buy point: Buy below ≤85150, stop loss at 84500; take profit at 86000-87100-88200. If it breaks above 88400, you can continue to hold until around 89500.
There is a delay in article review notifications, the above points are for reference only, please grasp the timing for buying and selling on your own, ensure proper risk control when entering the market, and avoid heavy positions! Thank you for reading!