Analyst Liang Qiu: Bitcoin/Ethereum Market Drops Again on December 30, Will There Be Continued Plunge Tonight?

Bitcoin/Ethereum experienced a surge in the morning followed by a period of sideways consolidation, leading to a rapid drop in the evening with Bitcoin breaking the recent low, reaching around 92,000. This position also represents the lower boundary of an important trading range. If it continues to break down, the market will enter the next phase of range-bound consolidation. However, from the short-term four-hour and hourly chart structures, there is still room for further rebound, and Bitcoin's initial drop touching the lower boundary of the range will provide some support. From a weekly perspective, today’s drop directly breaks the trend, and if there is no significant volume increase later, it will enter a weekly downtrend channel.

Recently, the Bitcoin/Ethereum candlestick pattern shows a trend of fluctuating downward prices, with multiple peaks followed by declines, especially with Bitcoin showing weakness first. The daily chart has several consecutive bearish candles, forming long upper shadows, indicating heavy selling pressure above. Technical indicators MACD, DIF, and DEA are all below the zero line, and the MACD histogram is negative, indicating a dominant bearish force. In the future, Bitcoin should focus on the selling pressure at the 94,500 level above and the support at 92,000 below.

For evening operations, Liang Qiu recommends entering long positions for Bitcoin around 91,600 to 92,100, targeting near 94,000, and entering long positions for Ethereum around 3,290 to 3,320, targeting near 3,400, with stop-losses at 91,000 and 3,250, respectively. In fact, many friends who have continuously profited from recent layouts can see this clearly. The current market trend is primarily wave-based, and the publication has practical effectiveness, with specific real-time guidance being the focus. #2025比特币价格预测