🗓️Christmas week.. Monday "December 22"


Every festival requires a sense of ceremony that is recorded.
May all the wonderful things meet during Christmas week.

What is the trend of Bitcoin and Ethereum as time approaches?
From the chart, the daily price trend is starting to slowly move out of the previous high, showing characteristics of narrow fluctuations. After the short-term low dipped to 84400, it rebounded, forming a temporary support; the previous high of 90000 serves as a short-term resistance level, which has not yet been broken.

The hourly K-line continues to oscillate along the short-term moving average, with patterns mainly consisting of small bullish and bearish candles. The tug-of-war between bulls and bears is becoming more subdued, entering a phase of bottom-building rebound and sideways consolidation, indicating that the pressure above remains relatively strong. For now, there is no need to chase higher prices. The long-term inability to break through the highs will also bring risks of a pullback. Moreover, the longer the sideways period lasts, the greater the accumulated energy, leading to a stronger breakout in the future.

Combining recent trends in the cryptocurrency market with chart data analysis, the logic of Bitcoin's short-term market situation and subsequent trend predictions still lead me to adopt a high short strategy, continuing to short at high positions and low prices! In a volatile market, it is recommended to observe with light positions and to act in the direction of the trend after the price breaks through the consolidation range; for the medium to long term, opportunities brought by the implementation of Federal Reserve policies and significant upgrades in the Bitcoin ecosystem can be of interest.

Everyone should not blindly follow the strategies in the market to chase orders; instead, wait steadily for a pullback and rebound adjustment before making long or short arrangements.

btc🎯 Short 90500-91000 Target 88500 Watch for 87000-85500 after breaking down $BTC

eth🎯 3020-3050 short target 2900 pay attention to 2800 after breaking $ETH
BTC-0,17%
ETH-0,09%
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