Bitcoin (BTC) Latest Market Trend Analysis (December 9th): The market is currently in a low-volatility range-bound state, with prices approaching the strong support level of 89012. Technically, the moving average system is intertwined and flattening, the Bollinger Bands are narrowing, and the RSI is in the neutral zone, indicating insufficient market momentum and a lack of clear trend direction in the short term. Although a death cross has occurred in the moving average system, its signal strength is weak, and the market as a whole remains within the range-bound trading pattern. The current market is in a low-volatility range-bound state, with prices approaching the strong support level of 89012. This price level is a previous low and has strong support, so buying on dips near this support level is a reasonable choice for aggressive strategies. My suggested trading strategy is still primarily to buy on pullbacks: Bitcoin (BTC) can be bought around 89300-89800, with a target of 91800-92500; Bitcoin (BTC) can be bought around 3080-3100, with a target of 3180-3250.
Bitcoin and Ethereum Latest Price Trend Analysis: 12/9
2025-12-09 08:09:14
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