Afternoon Analysis Bitcoin 4-hour chart: The current candlestick is bullish, but the previous candlestick was a large bearish candle with increased volume, indicating heavy short-term selling pressure. The current bullish candle has a small real body, suggesting limited rebound strength. The MACD indicator's DIF and DEA are both below the zero line. The DIF line is below the DEA line, but the MACD histogram shows negative values converging, indicating weakening bearish momentum and a short-term rebound potential. Strategy suggestions: Bitcoin: Look for bullish opportunities around 66,000-66,500, with targets at 68,000-68,500. Altcoin 1910-1940: Consider long positions around this range, with targets at 2060-2090.

#btc #eth Market Analysis for December 12: Currently, the market is in a consolidation phase after rebounding from the low of 59,980. There is a high probability of another upward surge in the next one or two days. The resistance level for BTC rebound is around 74,000, and for ETH it is near 2,200. The end of the correction signals the start of a new rally. Contract Trading Recommendations --- Buy on dip: For BTC, consider going long around 65,000 with a target of 74,000. Stop-loss at 63,800. For ETH, consider going long around 1,900 with a target above 2,100. Stop-loss at 1,850. If you're confused about contract trading, you can follow Fengye, a professional analyst with many years of experience in the crypto market. He mainly focuses on BTC and ETH, sharing market analysis periodically. Wishing everyone a profitable new day.

Bitcoin is still hanging in the 60,000s and Ethereum in the 1,900s. Good luck!