Today is Christmas, and the U.S. stock market is closed. In previous Christmases, the market has typically fallen. At midnight on Christmas Eve, market forces suddenly pushed the market up. Bitcoin has already risen by 3 percentage points, and many small cryptocurrencies have followed suit, achieving rebounds of 3 to 4 percentage points. As long as Bitcoin can maintain its upward trend, these small cryptocurrencies are still expected to continue rebounding. The current focus is on the 99500 level; if the price can stabilize above this level, there is still a possibility for further recovery in the market.

From a technical perspective, we are currently testing the upper limit of the four-hour chart near a rebound, and this position also coincides with the middle track pressure area on the daily chart, where the resistance is quite significant. In terms of trading strategy, it is recommended to adopt a short-selling strategy directly.

Bitcoin: Range of 99500-100000 for shorting, target 96000-96800

Ethereum: Range of 3530-3560 for shorting, target 3400-3450