Evening Analysis on December 7th

The midday market showed a narrow range of fluctuations, with Dian Wei slowly rising from around 117400 to the 118200 level, with limited volatility, and the tug of war between bulls and bears has eased.

The hourly Bollinger Bands have flattened out, indicating low short-term volatility and a temporary balance between bullish and bearish forces. The MACD lines are parallel and moving downwards, showing no obvious signs of turning or crossing, with weak momentum and moderate downward pressure, characterized as a correction rather than a bearish dominance.

Operating Suggestions: Set up long positions near 107600 for Bitcoin, targeting around 108700;

For Ethereum, go long near 2940, targeting around 3040. #BTC再创新高 #比特币