12.10 Evening Thinking Analysis

On the hourly level, the price continues to stabilize above the middle band of the Bollinger Bands and maintains a volatile upward trend. Although the Bollinger Bands are converging, indicating that short-term fluctuations are easing, the trading volume gradually decreases during the pullback, showing limited selling pressure and not disrupting the overall upward pattern. Currently, the short-term K-line steadily extends along the middle band, with lows gradually rising and highs continuously breaking through, demonstrating a healthy volume-price resonance. The bullish momentum is fully released and still has sufficient strength; the short-term upward pace is steady, and the strong trend is clear. The market always moves within fluctuations; rational analysis, patience, and decisive execution are key to maintaining a stable advance in the trend.

Trading Suggestions

Bitcoin can be bought around 92,400, with a target of 94,000.

Ethereum can be bought around 3,310, with a target of 3,420.