Bitcoin (BTC) Afternoon Trading Recommendations and Future Trend Analysis: 1/5 The current market is in a clear upward trend. Technical signals show that the price is above both short-term and long-term moving averages, and the bullish alignment of the moving averages and the golden cross further strengthen the bullish momentum. However, as the price approaches the strong resistance level of $93,547.3, the RSI indicator has entered the overbought zone, and the upper Bollinger Band is showing resistance, suggesting a possible pullback or consolidation in the short term. Therefore, the afternoon trading recommendation is to focus on shorting on pullbacks to higher levels. Bitcoin (BTC) can be shorted around 93,000-93,500, with a target of 92,000-91,000. Bitcoin (BTC) can be shorted around 3,170-3,200, with a target of 3,120-3,080.
Bitcoin and Ethereum Afternoon Trading Recommendations and Future Trend Analysis: 1/5
2026-01-05 07:09:42
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