(12.28 Saturday Morning Trend Analysis)
On the macro level, the hawkish signals from the Federal Reserve last week have raised questions in the market about the extent of interest rate cuts next year, leading to a significant amount of selling after the price of cryptocurrencies rose, resulting in insufficient upward momentum and a continuous price retracement. On the technical front, the overall volatility range during the day is not large.
From the 4-hour to daily moving averages and patterns, the pressure remains. The short-term pressure in the 97000-98000 area is evident. With the evening price breaking below 95000 again, the overall oscillation range may shift downward. Currently, there are no conditions for a unilateral move. Additionally, with the weekend approaching, liquidity is decreasing. Therefore, the strategy for Saturday morning is to continue treating it as a range.
On Saturday morning, consider entering a long position near the low point of 94000 for Bitcoin, with attention to the area around 97000 above. If under pressure, directly switch to a short position. For Ethereum, consider entering a long position near 3300, with attention to the 3400-3450 area above. If under pressure, then go short.