(12.29 Sunday Morning Trend Analysis)
Over the weekend, without any influence from news, the market has not changed significantly, experiencing range fluctuations and pullbacks: Overall, the market is in a range-bound situation, meaning that prices fluctuate within a certain range while being in a pullback phase on the 4-hour chart, indicating a downward adjustment trend from the 4-hour candlestick chart.
Short-term rebound lacks strength: In the short term, the price's upward rebound lacks momentum, and prolonged fluctuations at low levels will increase downward pressure, making it easier for prices to drop significantly.
In summary, He Yang suggests:
Bitcoin: It is recommended to short around 95800 during the rebound, with a focus on the 93500 level below.
Ethereum: It is recommended to short during the rebound at 3400 - 3420, with a focus on the 3300 level below.