Good morning everyone. During the Christmas holiday, US stocks paused trading, and yesterday's market fluctuations were limited. Bitcoin tested above 88,500 and then experienced a clear rapid pullback. Currently, both BTC and ETH are in a downward pressure phase. The market rhythm over the past week has been quite clear to everyone—whether in trend recognition or strategy execution, overall performance has been quite stable. Friends who want to quickly keep up with the pace and effectively accumulate positions can now follow along. Sometimes, a timely judgment can help you quickly turn the situation around.

From the four-hour chart of Bitcoin, after a large bullish candle quickly broke through the midline, two consecutive bullish candles appeared, but then a quick pullback followed. The current market remains in a consolidation state with bulls and bears pulling back and forth. Although there has been some short-term rebound and correction, the overall price still fluctuates within the triangle range. Without significant support, the downward trend may continue. Looking at the hourly chart, after a large bullish candle formed overbought conditions, it was mostly engulfed by consecutive medium-sized bearish candles, with the price approaching the midline. Although there is no effective downward break of the midline support yet, the shape of the KDJ three-line and the MACD momentum histogram, which has shifted from bullish to bearish signs, suggest that a breakout is only a matter of time. Maintain a bearish outlook recently; participating in short positions during rebounds is more appropriate.

Operational reference: Consider short positions around 88,000 for Bitcoin, watch for support near 86,000; for Ethereum, short above 2,950, with support near 2,850.

#美联储回购协议计划 $BTC $SOL