Yesterday was Christmas, the US stock market was closed, and the entire day's market was basically a short-range fluctuation, which can be said to be without any volatility.

Until this morning, the price of Bitcoin rose slightly, again faced resistance at the 100,000 mark and failed to break through. The current price is under pressure and has retreated again. The four-hour MACD bullish energy bars continue to shrink, and since the high point could not be broken, the intraday strategy remains mainly short on highs and supplemented with long positions on lows.

The overall trend of Ethereum is basically the same as that of Bitcoin, with the overall market trend oscillating around the four-hour MA5 moving average. The four-hour MACD bullish energy bars continue to shrink, and the KDJ three lines are diverging downward. After reaching the top in the morning, the hourly line has been continuously falling, with the intraday strategy consistent with Bitcoin.

For Bitcoin, attention can be given to entering shorts at the resistance level of 98,800-99,900, with support below at 97,600-96,600. If this level does not break, a reversal can be attempted, with a defense of 500 points!

For Ethereum, attention can be given to entering shorts at the resistance level of 3,480-3,560, with support below at 3,420-3,320. If this level does not break, a reversal to long can be attempted, with a defense of 40 points!