Yesterday was Christmas, the US stock market was closed, and the market basically showed a short-range fluctuation throughout the day, which can be said to be without any volatility.
Until this morning, the price of Bitcoin rose slightly again, once again facing resistance at the 100,000 mark, failing to break through. The current price, under pressure, has once again fallen back. The MACD bullish momentum bars on the four-hour chart continue to shrink, and the high point resistance has not been broken, so the intraday strategy remains primarily short at high points with some long positions at low points.
The overall trend of Ethereum is basically the same as Bitcoin, with the overall market trend fluctuating around the four-hour MA5 moving average. The MACD bullish momentum bars on the four-hour chart continue to shrink, and the KDJ three lines are diverging downwards. The hourly chart has been declining continuously after reaching a peak in the morning, with the intraday strategy consistent with Bitcoin.
For Bitcoin, attention can be paid to entering short positions at the resistance level of 98,800-99,900, with support below at 97,600-96,600. If it doesn't break below, you can try to reverse positions, with a stop loss still at 500 points!
For Ethereum, attention can be paid to entering short positions at 3,480-3,560, with support below at 3,420-3,320. If it doesn't break, you can reverse to a long position, with a stop loss of just 40 points!