December 29th, Sunday early morning BTC and ETH report:
The overall market price fluctuated steadily yesterday, with Bitcoin mainly concentrated around 94,000. After a slight decline, it rebounded somewhat, but the trend remains weak. From a technical indicator perspective, the MACD fast and slow lines on the four-hour chart are below the zero axis, and the negative difference between DIF and DEA is narrowing, which may form a golden cross, indicating a short-term rebound. The price is above the EMA7 moving average but below the EMA30 and EMA120, showing that short-term support and medium to long-term pressure coexist.
Suggestions:
Bitcoin is recommended to enter around the 93,500-94,000 range with a target of 95,500-96,000.
Ethereum is recommended to enter around the 3,320-3,340 range with a target of 3,420-3,440.
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