#美联储回购协议计划 December 24 Evening BTC and ETH Technical Overview

Currently, Bitcoin is stuck around 87,300, and Ethereum is holding near 2,930, both in consolidation. On the four-hour chart, the situation is quite clear—the Bollinger Bands are moving downward together, with the channel widening, indicating a strong bearish foundation. Bitcoin is moving within a downtrend channel, with consecutive red candles, and the medium-term trend is very clear: bears are in control. The MACD lines are deep in the weak zone, and the selling volume bars are increasing, showing that the bearish momentum still dominates.

Switching to the 1-hour chart— the fast and slow lines have formed a bullish crossover below the zero line, but the volume is not supporting a strong move, making a quick upward breakout difficult. However, the KDJ indicator's three lines are forming a bullish crossover in the oversold zone, suggesting a potential short-term technical rebound, which should be watched closely.

Overall, the market remains bearish. Occasional technical corrections are not a cause for panic. If a rebound occurs, it could be a good opportunity to go short at higher levels.

**BTC Trading Reference**
Short-term resistance is between 87,500 and 88,000. If it breaks above 88,000 and stabilizes, consider going long; if not, stay short here, with a first target at 86,500. If that level breaks, look further down to around 85,500.

**ETH Trading Reference**
Short-term resistance is between 2,980 and 3,010. If it breaks above 3,010 and stabilizes, consider going long; if not, stay short here, with a first target at 2,900. If that breaks, look further down to around 2,850.

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