12/11 Evening Thought Analysis
From the current four-hour market structure, Bitcoin's price is hovering around the middle band of the Bollinger Bands. In terms of technical indicators, the KDJ shows a golden cross and an upward extension, and the MACD is also gradually forming a golden cross with an upward trend. At the same time, the strength of the bears is gradually diminishing.
In the evening, pay attention to the CPU data; there should be considerable market volatility before and after the data release. The market has been undergoing a deep correction these past few days, and it is time for an event to promote healthy market development. Regardless of whether the evening news is positive or negative, be prepared for both scenarios. The evening analysis predicts an initial drop followed by a rise, with a pullback for a short position before executing a high short operation! The specific entry points should follow Wan Ting's actual trading operations!
For Bitcoin, buy on a pullback around 95800-96500, targeting near 99000.
For Ethereum, buy on a pullback around 3550-3600, targeting near 3780-3900.