Crypto Circle Sister Red 12.29 (Written at 11:00) Today's Bitcoin (BTC) Market Analysis and Trading Suggestions:

#2026行情预测 #加密市场小幅回暖 #Solana年度收入首次超越以太坊 $BTC $ETH
Bitcoin current price around 89200, the morning market experienced a strong upward move. The 4H moving averages show a bullish alignment: EMA5(88186)>EMA10(87954)>EMA20(87838)>EMA120(87572). The short-term moving average system is diverging upward, and the price is above all major moving averages, indicating a solid upward trend. MACD is showing a strong golden cross. DIF(100.3) is significantly higher than DEA(-19.2), with the green histogram(240) continuing to expand, indicating strong and accelerating upward momentum. The price has broken above the upper Bollinger Band(88808), indicating a strong upward channel. The widening Bollinger Bands suggest increased volatility. RSI shows RSI1(81) entering overbought territory, while RSI2(67) and RSI3(57) also indicate strength, suggesting the market is still in an uptrend, and RSI may remain high. KDJ shows K(71) and J(90( supporting strong overbought signals, but D)61 is relatively low. The three lines are diverging upward, indicating potential for further rise.

Red Sister recommends going long mainly. During pullbacks near the 4H midline around 88000-87700, consider scaling into positions gradually, or after breaking above 89368 (previous high), take a small long position. Target prices: First target 90100 (EMA200), second target 91400 (EMA250). Risk reminder: RSI and KDJ indicate overbought conditions, and a short-term technical correction may occur. It is advised to strictly control position sizes and adopt a phased entry strategy. If the price falls below support at 87400, stop-loss should be implemented promptly.

For short positions, wait for a reversal signal after the price shows overbought conditions before entering. Watch the 4H resistance levels at 90100 and 91400 for entry! The article review and push may be delayed. The above levels are for reference only. Please make your own trading decisions and manage risk carefully. Do not operate with heavy positions! Thank you for reading!