12.25 BTC, ETH Intraday Analysis: U.S. Stock Market Closed, Bulls Begin Counterattack

Today is Christmas, and the U.S. stock market is closed for one day. After a significant drop, it has been adjusting for three days, and the bulls have officially sounded the counterattack horn. Bitcoin is expected to experience volatile consolidation, while Ethereum's movement is similar to Bitcoin's. Overall, both the daily and 4-hour charts have broken above the upward trend line and are beginning to form an upward triangular trend structure. As long as it stabilizes at the highest point of the trend line, one can look to buy on the pullback, and follow the breakout once the range is surpassed!

From the lower trend chart of ETH: It is forming a higher low structure upward, oscillating upwards within a triangular range, with a maximum rebound to 3555. The market immediately retraced after breaking the upper resistance of the trend line and has tested it three times; as long as it stabilizes, one can look to be bullish directly. The lower trend line has also been touched multiple times, rebounding upwards, indicating support at the trend line. The next lowest point on the retracement is around 3390, which coincides with the Fibonacci resistance. As long as this level is not broken, it is the most suitable entry point for buying; if it breaks, watch the lowest point of the trend line around 3250. Combined with technical indicators, all are turning upwards strongly bullish, so tonight is a good time to buy on dips.

ETH Evening Strategy: Buy at 3385-3405, target around 3540! If it breaks, look at about 3600.

BTC Evening Strategy: Buy at 95500-96000, target around 98000! #比特币市场波动观察 #加密市场盘整