Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
December 29 Bitcoin Auntie Em's Market Outlook
In the four-hour cycle, Bitcoin's price is trading above the middle band of the Bollinger Bands, with bulls and bears engaged in a tug-of-war, and the direction remains unclear. On the indicators, the MACD's DIF has crossed above DEA to form a golden cross, and the red histogram is expanding, indicating short-term bullish momentum is recovering. However, DEA is still negative, so the trend signal is relatively weak.
Currently, BTC is at a critical point in the sideways market where the trend direction is being decided. Technical signals of bullish and bearish are intertwined, and further judgment of the trend should consider volume changes and news dynamics. Operationally, it is recommended to adopt a light position to short near the interval resistance level, while strictly setting stop-loss orders to prevent the risk of a one-sided trend triggered after a price breakout from the range.
Bitcoin operation suggestion: rebound near 88,800-89,500, then look down to 87,500-86,000
Auntie Em operation suggestion: rebound near 3,000-3,050, then look down to 2,930-2,800#加密市场小幅回暖