From the daily level perspective, Bitcoin continues to close bullish candles around the 98000 level, with current resistance at 99000-100000 and support at 97500-96500. According to the top-bottom conversion theory, the previous 96000 line is a key support level and represents the bottom line of this bullish market. Ethereum closes with a large bullish candle around the 3600 level, with resistance at 3620-3650 and support at 3500-3550, which can also be viewed as the bottom line of the bullish market;
From the 4-hour level perspective, Bitcoin is within a box structure between 92000-100000, and the market has not yet reached its peak. Short-term support is at 97000-97500. Ethereum has broken through the top of the box structure at the 3550 level, which can also be seen as a new support level at 3500-3550, with resistance at 3700-3750 above!
The weekend is expected to focus on consolidation, with a range reference for Bitcoin at 99000-97500 and for Ethereum at 3570-3630, with operations primarily focused on buying low!
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The current four-hour K-line of Bitcoin has broken through the downward trend resistance line that has lasted for several days, temporarily ending the decline and entering the early stage of an upward trend. At this point, the upward trend of the price remains susceptible to change, especially since it has not yet confirmed a significant pressure level at the 100,000 mark. However, the potential for a bullish trend is also substantial, as a breakthrough would mean a strong consecutive rise in price. Currently, the price has surpassed the highest price of 96,250 on December 31, indicating that the entire rebound is in a state of high upward movement. If the price can continue to break through the high of 97,600 on December 27, the consensus is that breaking through two highs consecutively will further strengthen the upward continuation of the price. Furthermore, to completely change the bearish adjustment trend, it is believed that the price must break through the peak high of December 26, which is to reclaim the whole number of 100,000 points. This key level was also mentioned in an article a week ago, with the title indicating that breaking through the 100,000 mark will be a sign of starting to rise. Currently, there is still a distance of 3,300 USD to reach that point, thus, once it breaks through 100,000 USD, it is believed that the entire upward channel will officially open, and the price will continue to forge ahead, naturally breaking new highs.

The hourly chart has formed a continuous upward state, with the price rising and then slightly retreating to recover its decline, continuing to make upward breakthroughs. The entire process employs an active buying approach to push the price up. This method represents a process of active buying, usually indicating strong consensus among bulls and sufficient preparation from the main forces. Therefore, based on this pattern, the probability of the price forming a continuous bullish trend is high, and once it breaks through 100,000 USD, it signifies that the price will officially embark on a new high journey.

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Trading Philosophy: Look at the trend in the long term, find entry points in the short term;

Technical Analysis: For Bitcoin, the daily level shows a bullish pin bar, the Bollinger Bands continue to open slightly downward, the MACD moving average continues to move downward, bearish volume continues to increase, and the KDJ line begins to run flat. At the 4-hour level, the Bollinger Bands begin to narrow, the market rebounds to the upper band and then faces resistance and falls back, the MACD moving average is moving upward, bullish volume continues to decrease slightly, and the KDJ line shows a downward divergence;

For Ethereum, the daily level has been alternating between bullish and bearish candles for several days, the Bollinger Bands begin to narrow downward, the MACD moving average continues to move downward, bearish volume continues to decrease, and the KDJ line is moving downward. At the 4-hour level, the Bollinger Bands continue to run flat, the MACD moving average is gently moving downward, bearish volume is slightly increasing, and the KDJ line is moving downward;

In summary, the overall market is still in a state of fluctuation. The high-selling and low-buying strategy set up earlier has been very successful. In a fluctuating market, this is how to operate, trying to maximize the profit space. The market has been fluctuating for several days, and the rebound effect is still not ideal. Based on the trend, it is recommended that subsequent operations focus mainly on short positions, as there is still a risk of further decline!

Operation Suggestion: Focus on short positions!

Short Bitcoin in the 94000-94500 area, with a target of 93000-92000 and a stop loss at 95500;

Short Ethereum in the 3370-3400 area, with a target of 3300-3250 and a stop loss at 3460;
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Weibo: Ahui Block. Welcome to follow

Bitcoin/Ethereum white plate 92300 and 3330 line layout long position, the evening market quickly rose to 3440 and around 96000. Immediately followed by the evening 96000 and around 3430 layout short position idea, currently the market has quickly dropped to around 93200 and 3330, short positions have again achieved nearly 3000 points and 100 points of space, the space of first long then short is even more directly filled. Congratulations to friends who followed the idea, publicly laid out across the internet, refusing to play catch-up, in fact, many friends who have been continuously laying out and profiting recently can see this clearly. Currently, the market is mainly in waves, the post has practical effectiveness, and specific guidance is based on real-time instructions.
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Bitcoin/Ethereum pulled back last night and the long positions took off again. The market has returned to a state of fluctuation, and after a short-term bottom, the market will continue to rise. Pay attention to the resistance around 94500 above, but currently, the overall fluctuation of the market is relatively small, so focus on the trend.

Operation Suggestion: Bitcoin 92000-92500 buy in batches, target around 94500;

Ethereum buy in batches around 3310-3340, target around 3400. $BTC
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Resistance Level Reference:

First Resistance Level: 94300

Second Resistance Level: 94700

Support Level Reference:

First Support Level: 92500

Second Support Level: 91000

Today's Suggestion:

The Bitcoin is currently forming a bearish flag pattern on a smaller scale, having experienced a brief rebound in the oversold area after a decline. The current expectation is for the third bottom of the triple bottom pattern to be slightly elevated and close, which is seen as a positive signal.

However, since it is still in a downtrend, it is recommended to pay attention to opportunities for rebound recovery and to monitor the resistance at the 20-day and 60-day moving averages. Also, keep an eye on the resistance from the bearish flag pattern, looking for short-term rebound opportunities while maintaining a bearish outlook.

Additionally, it is necessary to pay attention to whether there will be a significant decline, and to verify the formation of the triple bottom pattern. An elevated low is also a positive signal for a rebound, and a risk-reward ratio range can be set. If important support levels are breached, it is necessary to adjust the outlook and flexibly respond to changes in the chart.

12.30 Wave Segment Pre-embedding:
Long Entry Reference: Light position long in the range of 92000-92800; if it pulls back near 91000, go long directly. Target: 94300-94700

Short Entry Reference: Light position short in the range of 96000-96500. Target: 94700-94300

The long positions set yesterday at 94000 for Bitcoin and 3320 for Ethereum have successfully profited from the pullback. Currently, the market is approaching the upper resistance level, so it is advisable to short on rallies.

Trading Suggestion: For Bitcoin, enter short in batches near 95200-95600, targeting around 93500;

For Ethereum, enter long and short in batches near 3390-3420, targeting around 3300.
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The long and short positions laid out for Bitcoin/Ethereum yesterday have all successfully taken profit. After a rapid decline last night, the market has stabilized around 93500 and 3300 levels. Moving forward, we will pay attention to whether this position can form effective support. The weekend market is expected to be relatively quiet, so we can look for a rebound.

Operational advice: Buy Bitcoin in batches near 93500-94000, with a target around 95500;

Buy Ethereum in batches around 3290-3320, with a target around 3400.
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The long positions of Bitcoin/Ethereum at 95000 and 3300-3330 were deployed last night. The market rose after multiple retracements. The overall space is not bad. However, it is currently near the upper pressure level. You can consider entering the market with long positions and short positions.

Evening operation suggestions: Bitcoin short positions at 97000-97500 in batches, with a target of around 95000;

Ethereum short positions at 3430-3460 in batches, with a target of around 3350
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The idea of ​​pulling up short orders for Bitcoin/Ethereum last night, during the early morning market fluctuations and declines, it also directly came to 95100 and 3300, and the overall short order space is not bad. In the early morning market, Bitcoin rose again and rushed above 96000 again. The overall volatility of Ethereum has increased, which also provides better space. However, as long as the market that rises and repairs after a rapid decline does not break through the pressure of the top and bottom conversion above, there is still room for further decline after the market rushes up. In the future, we will still pay attention to the pressure of the upper 97000 and 3420 moving averages and the previous top and bottom conversion.

In terms of the K-line pattern of Bitcoin/Ethereum, the price has fluctuated greatly recently. After the market rushed up and touched the middle track of the daily Bollinger band, the K-line showed obvious signs of correction. In terms of technical indicators, MACD is in the negative area, and DIF and DEA are both downward, indicating that the market sentiment is bearish in the short term. In terms of the daily MA moving average indicator, after yesterday's decline, the MA moving average broke through the 7-day and 10-day moving averages, and the moving average began to show a downward trend. In the future, you can rely on the pressure to pull up and continue to enter the short position.
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Bitcoin/Ethereum has rebounded after a pullback, currently in a consolidation phase. Attention should be paid to the support levels at 3280 for Ethereum and 94000 for Bitcoin. After the price drop, there are signs of stabilization, so watch for a rebound after further evening declines.

Evening trading suggestion: Buy Bitcoin in batches near 94400-95000, targeting around 97000;

Buy Ethereum in batches near 3300-3330, targeting around 3430.
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From the daily perspective of Bitcoin/Ethereum, the current KDJ and MACD bearish indicators continue to shrink, and the BOLL is generally moving downwards. In the main chart, the current MA5-day moving average continues to slightly turn upwards, but the MA10-day moving average is still in a slight suppression phase. The MA30-day is flat and volatile above, indicating that there is still strong pressure above in the short term. Looking at the 12-hour level, the current KDJ golden cross continues to strengthen, which is similar to the daily situation. The indication is that the short-term rebound is a technical correction for the weekly chart, but there is still significant pressure above. Therefore, if the short-term does not break the high pressure for a long time, everyone needs to be careful of a sudden drop after a rise. The operational idea for the day suggests primarily shorting on rebounds, specific points of reference can be:

BTC: Short at 98500-99000, target 96500

ETH: Short near 3500-3530, target 3430
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The daily chart for Bitcoin continues to decline with consecutive bearish candles. The previously mentioned support and resistance line at 96000 has now been broken. According to the principle of turning points, 96000 can now become a resistance level. After testing it yesterday, it failed to hold above this level. The support below is still seen at the 92000-90000 range. Ethereum's movement is slightly different; after testing the support at 3200 yesterday, it rebounded to the 3400 level, with resistance seen at 3420 and support still at 3200.

On the 4-hour chart, Bitcoin currently has resistance above at 95000-96000 and support below at 93000-92000. Ethereum currently has resistance above at 3420-3520 and support below at 3350-3280. After the market's decline, the overall rebound strength is not very significant. The short-selling strategy near the resistance level yesterday successfully took profit. Further downward movement is expected, so the strategy should primarily focus on short positions with some long positions as a supplement.

Trading Strategy: Focus on short positions!

Short Bitcoin at 94500-95000, target 93500-92500, stop loss above 96000;

Short Ethereum at 3420-3450, target 3350-3250, stop loss above 3480;
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The weekly level of Bitcoin has declined to the 95,000 line with a large bearish trend. Currently, the market is experiencing fluctuations and rebounds, but the overall strength is not significant. The weekly resistance level is at 97,000-98,000. If it continues to decline, it may not hold the 90,000 mark; conversely, 100,000 may still come. The downward trend of Ethereum is quite strong, with a thousand-point plunge over the week. Currently, it is rebounding. The weekly resistance level is at 3,450, and if it continues to decline, we first look at the 3,000 line.

At the daily level, Bitcoin continues to decline with consecutive bearish days. The previously mentioned dividing line between bulls and bears at 96,000 has now been broken. According to the principle of top-bottom conversion, 96,000 can now become a resistance level. The support below is at 92,000-90,000. For Ethereum, similarly, the previously mentioned dividing line at 3,350 has also been broken, which can now become a resistance level. The support below is at 3,200-3,000.

At the 4-hour level, Bitcoin currently has resistance at 96,000-97,000 and support at 95,000-94,000. For Ethereum, the resistance above is at 3,350-3,380, with support at 3,250-3,220. Overall, the market is experiencing a slight rebound after being oversold, and we expect further downward movements after a period of consolidation. Operationally, it is advisable to focus on short positions, with some long positions as a supplement.

12.22 Afternoon Bitcoin and Ethereum Market Strategy * No. 1, Range Fluctuation Adjustment Focus on Daily MA30

In the analysis from the afternoon article on 12.21, the current price of 9.87/3520 was suggested for buying, with the market rebounding to a high of 9.95/3550, followed by another correction in the market. Please refer to the analysis below for short-term trading strategies.

From the daily chart of Bitcoin, yesterday formed a short upper shadow doji, and the price could not hold above the MA30 daily moving average after reaching a peak. Today, it continues to adjust downwards. If it fails to stay above this line in the future, it will continue to show weak fluctuations in the short term; the 4-hour chart shows that after the price rebounded to 9.95 yesterday, it has now retraced to the MA256 daily moving average at around 9.6. Focus on the support at this line on the daily chart; if it loses this support, further correction will be expected.

From the daily chart of Ethereum, yesterday’s daily price rebounded to the MA5 daily moving average before entering a correction. The price is currently touching the MA60 daily moving average at 3270, so pay attention to whether the support at this line holds; the 4-hour chart shows that the short-term resistance is at the MA256 daily moving average at around 3530, where the price rebounded to yesterday and is now retracing.

Bitcoin

● Market Sentiment and Trends: This week, Bitcoin has fallen from its historical high, dropping over 10% in three days, with market sentiment shifting and bulls losing control; however, there was a price rebound on the 21st. Some analysts believe this correction is typical in a cryptocurrency bull market, with momentum weakening, but long-term trends remain a focus.

Ethereum

● Market Sentiment and Trends: Although Ethereum previously broke through $4,100, it faced selling pressure and fell back. Currently, bullish sentiment remains in the market, with buying pressure pushing the price back towards $4,000. If this key resistance level is broken, it could trigger a bullish trend towards the historical high; if not, it may consolidate between $3,500 and $4,000.

In summary, it is analyzed that Bitcoin and Ethereum will likely trade sideways for a while. Short-term traders have opportunities, focusing on four-hour and eight-hour technical formations, buying on dips and selling at highs. Position sizes can be larger than usual, and there will be fluctuations over the weekend. Both low buying and high selling strategies can be employed without incurring losses.

Below are some reference points:

Bitcoin: Buy at 98,000, short-term target 99,100, sell at 99,500, target 98,200

Ethereum: Buy at 3,480, short-term target 3,548, sell at 3,560, target 3,500
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There is no clear technical indicator for Bitcoin to show its short-term trend, but from the perspective of market sentiment and macroeconomic environment, the Federal Reserve released a cautious monetary policy signal on December 19, reducing the expectation of interest rate cuts in 2025, resulting in a weakening of market risk appetite and a decline in investment demand for Bitcoin.

Macroeconomic environment: The dot plot data released by the Federal Reserve in December showed hawkish signals such as a reduction in the number of interest rate cuts in 2025, which led to an increase in the US dollar and volatility index, and the US Treasury yields, US stocks, gold and cryptocurrency markets generally faced pressure.

Bitcoin Ethereum support level

Currently, the support level of Bitcoin is around US$96,000. If it breaks, it will fall further. The next stage of support is at US$89,000, and Ethereum supports at US$3,000.
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Looking at the daily chart, although this wave of correction is relatively fast, it is still operating within the upward channel. The focus below is still on the low point of 94093 mentioned yesterday. As long as this level holds, there shouldn't be any issues. The target range for the decline below Bitcoin is 99500-97100. The first target is nearly reached, and the short position from yesterday can be exited, with a profit of over 5000 points. After exiting, there’s no rush to open a long position, as both the daily and 4-hour charts have not shown any rebound signals. There is still some space below, and it is expected that the market will test around 97100. As long as the 4-hour chart closes within the 99500-97100 range and shows a lower doji and long lower shadow, a long position can be opened. Recommended entry point is near 97100, with a stop loss not exceeding 2000 points. After finding the bottom, the initial rebound target is around 104000. Once reached, there is hope for a new high. Please manage your entry accordingly;
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