The daily chart shows Bitcoin continuously forming small bullish candles, with the overall rebound strength still weak. It remains in the lower half of the box structure, with a top at 94,500, a bottom at 84,500, and resistance around the 90,000 level. The market is currently still consolidating within a narrow range! Ethereum is moving in sync, continuously forming small bullish candles, still operating in the lower half of the box, with a top at 3,320, a bottom at 2,770, and resistance around 3,030. It is also consolidating within a narrow range!
On the 4-hour chart, Bitcoin has been oscillating narrowly between 87,000 and 89,000, while Ethereum is fluctuating between 2,900 and 3,000. A breakdown of this range could test the bottom of Bitcoin at 84,500, and for Ethereum around 2,770. A break below this level would continue the bearish trend. If a strong upward move occurs, look for Bitcoin between 90,000 and 94,000, and Ethereum between 3,030 and 3,320!
Currently, the market remains in a narrow range. It is recommended to focus on short positions at the top and long positions at the bottom!
Trading ideas:
Short Bitcoin at 88,500-89,000, target 87,500-86,500, stop above 90,000;
Short Ethereum at 2,970-3,000, target 2,900-2,880, stop above 3,050;
Long Bitcoin at 86,500-86,800, target 88,000-89,000, stop below 86,000;
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The daily chart shows Bitcoin continuously forming small bullish candles, with the overall rebound strength still weak. It remains in the lower half of the box structure, with a top at 94,500, a bottom at 84,500, and resistance around the 90,000 level. The market is currently still consolidating within a narrow range! Ethereum is moving in sync, continuously forming small bullish candles, still operating in the lower half of the box, with a top at 3,320, a bottom at 2,770, and resistance around 3,030. It is also consolidating within a narrow range!
On the 4-hour chart, Bitcoin has been oscillating narrowly between 87,000 and 89,000, while Ethereum is fluctuating between 2,900 and 3,000. A breakdown of this range could test the bottom of Bitcoin at 84,500, and for Ethereum around 2,770. A break below this level would continue the bearish trend. If a strong upward move occurs, look for Bitcoin between 90,000 and 94,000, and Ethereum between 3,030 and 3,320!
Currently, the market remains in a narrow range. It is recommended to focus on short positions at the top and long positions at the bottom!
Trading ideas:
Short Bitcoin at 88,500-89,000, target 87,500-86,500, stop above 90,000;
Short Ethereum at 2,970-3,000, target 2,900-2,880, stop above 3,050;
Long Bitcoin at 86,500-86,800, target 88,000-89,000, stop below 86,000;
Long Ethereum at 2,870-2,900, target 2,980-3,030, stop below 2,850; #2025Gate年度账单 #加密市场小幅回暖 #Gate社区圣诞氛围感