#比特币与黄金战争 December 26 Morning Market Observation

The recent market has been oscillating within the same range, with Bitcoin briefly reaching 88,800 last night before being pushed back down, now stabilizing below 87,000. Ethereum has also adjusted accordingly, and the previously identified resistance level for short positions has been successfully exited.

From a technical perspective, the four-hour chart shows that although there were consecutive bullish candles testing near the middle of the channel, each time it touched the upper boundary of the channel, it quickly retreated, indicating that the pressure is still real. The initial support level is around the previous low of 86,500, but the rebound momentum is gradually weakening, and some indicators are already showing signs of weakening. Once the price breaks below the middle support line, the probability of probing down to the lower boundary of the channel will significantly increase. The short-term strategy is to continue shorting at high rebound levels.

Specific trading plan:
Short at the 89,300-89,800 range, with the first target at 88,000-87,200. If the support is broken further, then target 86,000.