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Liang Qiu: Bitcoin/Ethereum is a clear tug-of-war between bulls and bears, awaiting the weekly closing price.

2025-12-07 13:25:10
Shareshare
Both Bitcoin and Ethereum traded in a consolidation phase over the weekend, with bulls and bears battling around key price levels. Bitcoin/Ethereum repeatedly contested the psychological levels of 90,000 and 3050, indicating a technical correction rather than a reversal. Recently, it has rebounded from its lows, with key support levels at 88,000 and 2980. The daily chart failed to break through the previous highs of 3069 and 90270, and the 2-hour MACD golden cross trend is weak, with the candlestick pattern forming an evening star, suggesting a short-term pullback risk. In terms of candlestick patterns, the price has been fluctuating around 3050 and 89,500 recently, showing a slight rebound, but overall it remains in a recovery phase after the previous sharp decline. Technical indicators show that the DIF and DEA averages are gradually declining, and the negative values in the histogram are narrowing, indicating that the bearish momentum is weakening but the bulls have not yet fully gained the upper hand. Evening trading suggestions: Short Bitcoin around 89,300-89,800, target around 88,200; Short Ethereum around 3040-3060, target around 2980. Daily analyses and strategies with high win rates are available for viewing. However, these analyses and strategies are for reference only; please bear your own risks. Article review and publication may not be timely; please refer to real-time updates.
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