December 26 Evening Thoughts

On the daily chart of Bitcoin, a bullish candle closes, the Bollinger Bands slightly expand and show a downward trend, the MACD indicator continues to decline, and the bearish energy bars are stirring, indicating a trend towards further expansion. The KDJ line is also moving downward, signaling that downward pressure in the market still exists. Looking at the 4-hour chart, the Bollinger Bands previously opened upward, but the price subsequently faced resistance at the upper band and retraced. The MACD indicator has turned downward, bullish energy is gradually diminishing, and the KDJ line is also in a downward trend, indicating a clear short-term adjustment. For Ethereum, the daily chart also closes bullish, the Bollinger Bands open downward, the MACD steadily declines, although bearish volume has shrunk, it still holds an advantage. The KDJ line is gently moving downward, suggesting a weak market pattern at the daily level. In the 4-hour cycle, the Bollinger Bands are constricting and testing upward, the MACD is slowly rising, but bullish energy is in a diminishing state. The KDJ line continues to develop downward, with the forces of bulls and bears tugging at each other in this range, and the situation remains unclear.

Bitcoin: 95800-96500 Short Target 95200-94500

Ethereum: 3380-3420 Short Target 3340-3300

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