Afternoon Trading Suggestions and Future Trend Analysis for Bitcoin (USDT) - December 8th: The current market exhibits a typical range-bound pattern, with prices fluctuating between the key support level (89012 USDT) and the resistance level (93915.7 USDT), indicating significantly weakened market momentum. Technically, although a bullish engulfing pattern has recently emerged, and the price is above both short-term and long-term moving averages, the moving average system is intertwined, lacking a strong trend and indicating a lack of clear market direction. Furthermore, insufficient trading volume further weakens the effectiveness of technical signals. Currently, the market is in a range-bound pattern, with prices finding support near the strong support level of 89012 USDT. The recent bullish engulfing pattern suggests potential for a short-term rebound. Therefore, a strategy of buying on dips near the support level is a reasonable choice. Xiao Ma's afternoon recommendation is to primarily buy on dips: Bitcoin can be bought around 90000-90500, with a target of 92000-92500. Bitcoin can be bought around 3080-3100, with a target of 3180-3260.
Bitcoin and Ethereum Afternoon Trading Recommendations and Future Trend Analysis: 12/8
2025-12-08 06:18:33
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