December 25th, Wednesday's Bitcoin and Ethereum Latest Trading Strategy:
From the current market perspective, the recent daily chart shows a continuous series of bearish candles, and the Bollinger Bands are gradually narrowing, hovering in the middle-lower band area.
In the short term, there is an alternating force between bulls and bears, and the upward movement is encountering resistance at the middle band, with resistance above gradually strengthening. If there is no breakthrough, the short-term oscillation pattern may be disrupted, and the price faces a risk of correction.
All indicators are trending towards oscillation in the intraday market, and recently there has been a sharp drop of 16,000 points, indicating a strong bearish atmosphere. Although the current price has rebounded after touching the lower band of the Bollinger Bands, the overall trend remains downward.
The intraday rebound has been hindered, and if it cannot break through the 100,000 mark, the trend will continue to be pressured downward. Therefore, until a breakthrough occurs, we will continue to adopt a bearish strategy for positioning.
Bitcoin Trading Strategy:
98,500-99,000 as resistance, looking down to 97,000-96,000
Ethereum Trading Strategy:
3,490-3,520 as resistance, looking down to 3,420-3,350