Crypto world Red Sister 11.6: BTC daily k long wick candle tests the bottom, are you following the buy the dip at 99000? Today's Bitcoin (BTC) latest market analysis and trading suggestions!

‍#比特币价格分析 #十二月降息预测 #Solana质押ETF上市 $BTC $ETH
Bitcoin is currently priced around 103700. After the Bitcoin short position took profit at 101000 early yesterday morning, the report mentioned by Hongjie stated that after the market challenges the 100000 mark, it would reach around MA200(99000) on the 2-day chart. The long position has successfully bought the dip again! Currently, the market is continuing to warm up, and the 1-day chart still shows a double long wick candle bottoming pattern approaching the MA280 position. The KDJ and RSI have also turned up from oversold levels. In the short term, we need to pay attention to the first resistance level at MA280 and the second resistance level at EMA250 (105200).

In the 4H chart, the BOLL channel is converging, with the lower track rising above yesterday's low point. KDJ and RSI values are both around 50 and moving upwards, indicating that there is still space above. Currently, the K-line is located in the range of EMA10 and EMA15. After breaking through, we need to further observe the position of the middle track. The MACD shows a noticeable decrease in the red bars, with the DIF and DEA narrowing for the second time. The position of the middle track may be the key point determining whether the convergence will successfully form a golden cross. The support below is seen at the MA7 position; if it doesn't break, we can continue to choose to enter long positions at lower levels!

Selling point share: Short lightly at ≥105200, stop loss above 106200. Take profit at 104200-103200-102200, if it breaks 102100, you can continue to hold until around 101500.

Buy point sharing: ≤102200 light long, stop loss below 101500. Take profit at 103800-104500-105200, if it breaks 105600, you can continue to hold.

There is a delay in article review notifications. The above points are for reference only. Please grasp the timing for buying and selling yourself, and make sure to take precautions when entering the market. Do not operate with heavy positions! Thank you for reading!