12.19 Friday Bitcoin and Ethereum Midday Analysis

Bitcoin has rebounded after the previous correction low, showing consecutive bullish candles and forming a stair-step upward structure. The Bollinger Bands have gradually widened after narrowing, the MACD indicator is forming a golden cross near the zero line, and the red histograms continue to expand. Meanwhile, the three lines of the KDJ are diverging upward without entering the overbought zone, indicating that the bullish momentum is in a healthy accumulation stage.

On the 1-hour K-line chart, Bitcoin is steadily climbing with small bullish candles, forming a clear upward channel. The short-term moving averages are arranged in a bullish alignment, and the three major indicators are showing bullish resonance signals, indicating that the short-term upward structure is solid.

Bitcoin recommendation: 86,200-86,500 Target 88,500
Ethereum recommendation: 2,840-2,880 Target 3,050
#BTC #ETH #BNB