As expected, watch out for Christmas selling! 12.23 Bitcoin aunt's analysis

The market on Sunday was also significant. Yesterday, we provided a bullish strategy, with Bitcoin gaining a thousand points, and Ethereum over a hundred points, publicly reminding everyone to take profits! This morning, the coin price has stagnated and retreated! As expected, there is a second test, and this second test's information was also clearly given in yesterday's analysis. Currently, Bitcoin is testing 94,000, and Ethereum is testing 3,200!

From a technical perspective, looking at the daily line, both weekend days closed bearish, the Bollinger Bands are opening, and the coin price is running between the lower bands. The KDJ and MACD are crossing downwards, and the daily indicators clearly favor bears!

Looking at the four-hour chart, the three Bollinger Bands are pointing downwards. After the Bollinger Bands contracted, they opened again. The coin price rebounded but was blocked by the middle band, which continues to press down, showing a downward trend. The KDJ three lines crossed downwards again, and the MACD double lines are heading downwards with slightly increased volume! The four-hour chart also clearly indicates bearish!

Overall, the market shows that bearish sentiment dominates, and currently, the market indicates that this wave of retracement has not yet stopped falling, so temporarily, it is not advisable to catch a falling knife. For intra-day operations, Conan suggests focusing on shorting during rebounds, and waiting for signs of a stop in the drop before entering to catch the bottom! Key resistance levels to watch are 96,000, 97,500, 99,600, and 101,000, with support levels at 93,200, 92,000, and 90,700.

12.23 Bitcoin operational strategy: Aggressive traders should short around 96,000 during the rebound, while conservative traders should enter around 97,000-97,500, with a stop loss near 98,000, targeting 95,000-94,000, and if it breaks, look towards 93,500-92,200.

Bullish strategy: Attempt to go long near 93,000, with a stop loss of 600 points, targeting 93,500-94,000-94,500-95,000, and if it breaks, hold and assess.

12.23 Ethereum operational strategy: Aggressive traders should short around 3,350 during the rebound, while conservative traders should enter around 3,400, with a stop loss near 3,450, targeting 3,300-3,250, and if it breaks, look towards 3,200-3,150.

Bullish strategy: Attempt to go long near 3,150, with a stop loss of 50 points, targeting 3,200-3,250, and if it breaks, look towards 3,300-3,350.

This round of second testing for a stop in the drop is a good time to catch the bottom. Around the 20th of next month, Trump will officially take office. According to reliable sources, after taking office, he will sign some favorable documents for the crypto market, which will take effect immediately. Everyone should hold onto their chips and be ready to get on board! But currently, with Christmas approaching, we must also be wary of selling pressure! #加密市场盘整 #市场调整後的机会？