Surfing the Crypto Sea: 12.9 crypto market Bitcoin (BTC), Ethereum(ETH) latest analysis reference, news interpretation,

Surfing the Crypto Sea: 12.9 Bitcoin (BTC)) analysis reference:
Bitcoin’s intraday action remains range-bound. Yesterday it attempted another push higher but still failed to break overhead resistance; the upward rhythm was interrupted, then it fell back under pressure and re-entered consolidation. As of 4:04 a.m. today, the price is moving around 90000.

From the short-term hourly view, the 4-hour Bollinger Bands are narrowing; price was rejected at the upper band and is currently near the middle band. In terms of indicators, the MACD histogram has flipped from red to green, and the DIF line has turned down above the zero line; meanwhile, the KDJ is also diverging downward, with short-term bearish signals strengthening. Overall, the short-term technicals lean bearish, and the market will most likely continue choppy consolidation. Be alert to the risk of testing the lower band support.

From the 1-hour chart, recently price has formed a small box range between 88000-92300. The upper and lower bounds have been touched multiple times, further validating strong support and resistance in this zone. During the chop, occasional doji candlesticks appeared, indicating intense tug-of-war between bulls and bears near current levels. Even when price rebounds at times, it remains within the box. Since key levels have not seen a valid breakout, it’s not recommended to rashly chase rallies or sell-offs in this situation.

Surfing the Crypto Sea: 12.9 Bitcoin short-term reference:
Longs: 87500-88500 range longs, stop loss 500 points, targets 89000 - 90000,
Shorts: 91500-92500 range shorts, defense 93500 add, targets 90500 - 89500,

Surfing the Crypto Sea: 12.9 Ethereum short-term reference:
Longs: 2980-3010 range longs, stop loss 30 points, targets 3100-3150,
Shorts: 3190-3220 range shorts, defense 3320 add, targets 3100-3000,

There may be a posting delay and this is time-sensitive. Personal views for reference only; do not operate blindly! I hope that on your investment journey, no matter how the market changes, you can stick to your principles and stay rational and calm. Seize opportunities so each decision is well-timed; ride the wind and waves in the ocean of investing to gain both wealth and growth!!!#BTC #ETH