Evening strategy for December 26, continued fluctuations. Pay attention to the movements before and after the opening of the US stock market.
When the price of Bitcoin reached the 100,000 mark, it was clearly under pressure, and the market sentiment below this level is leaning towards bearish in the short term. Observing the daily chart, a bearish engulfing candle has formed. Currently, the short-term support level is around 95,000, and it is crucial to monitor whether this level can effectively support the price to prevent further declines. The previously established upward trend from several consecutive bullish candles has been forcefully reversed by a large bearish candle, shifting the market from a bullish advantage to a bearish weak pattern. This change has turned the previous support from moving averages into a state of resistance. Attention can be paid to the direction of the US stock market in determining stop-loss positions tonight.
Looking at Bitcoin in the short term, on the hourly chart, the price is near the lower band, the Bollinger Bands are expanding outward, the MACD bears are starting to decrease in volume, and the RSI trading volume has broken below the oversold area and is still extending downwards, indicating there is still room for further decline in the short term.
Regarding Ethereum, similar to Bitcoin, the overall Bollinger Bands are expanding outward, the MACD bears are decreasing in volume, and the KDJ is showing a death cross extending downwards. The evening layout can focus on making long positions around the pullback.
Operation:
Bitcoin is trading around 944-950, with a target of 958-964.
Ethereum is trading around 326-330, with a target of 336-340. #BTC上攻11万? #“圣诞老人行情”再现 #2025加密趋势预测 #BTC #ETH $BTC $ETH $SOL