Xiao Yao KOL: BTC Ether Afternoon Market Analysis 12.23

Yesterday, BTC and Ether initially surged before pulling back, showing a decent overall space. The current price of BTC has retreated from the morning high, forming a series of bearish candles, indicating a depletion of upward momentum. On the 4-hour chart, the Bollinger Bands are narrowing, with the price oscillating near the middle band. The MACD indicator has formed a death cross, with green bars gradually increasing, suggesting heightened short-term pullback pressure. The short-term moving averages for Ether are trending downward, and the price has repeatedly encountered resistance near the EMA7, with dense short-term resistance levels. The 4-hour MACD is below the zero line, with a clear death cross pattern, and green bars continue to extend, showing that downward momentum is dominant. The rebound strength in the short term is limited, and it is advised to focus on shorting during rebound opportunities within the day.

Suggested operation to enter BTC around 88000 to 88600, target near 86500; enter Ether around 2980 to 3020, target near 2900. Market conditions are changing constantly, and the article is time-sensitive. Friends entering the market should primarily follow real-time guidance #2025Gate年度账单