#美联储回购协议计划 December 26, Friday midday market observation

Bitcoin's recent move is quite interesting—The four-hour Bollinger Bands have clearly widened, and after breaking through the middle band, the price directly surged to around 89,500, approaching a new high. However, it hit resistance at the upper band, faced a sharp sell-off, and the bulls quickly lost momentum, leading to a rapid decline. From a technical perspective, the 90,500 level is a key resistance from earlier, and even if the Bollinger Bands continue to expand, the upward space is essentially locked, making a genuine breakout in the short term very difficult. The overall market is currently under bearish pressure.

Ethereum's situation is similar. There is some rebound momentum, but this is just a technical correction, not a trend reversal. The bullish enthusiasm has clearly cooled down, and this upward move lacks momentum, unlikely to change the downward trend, with limited rebound potential.

Midday market outlook is very clear: rebound and then sell.

**BTC Trading Advice**:
Consider short positions in the 89,300-90,200 range, with the first target around the support level near 87,000.

**ETH Trading Advice**:
If you are already holding short positions, just hold on; there's no need to rush to adjust your positions. Be patient and wait for the market to continue downward.