#数字资产市场洞察 Wednesday morning, December 24th $BTC/$ETH technical overview

On the four-hour K-line, the three Bollinger Bands are still pressing down, and the price is trapped in the downward channel. In the morning, there were several attempts to touch the middle band but failed to break through, indicating that the pressure above is indeed quite strong. It is very likely that it will continue to explore downwards. Looking at the MACD, after a death cross at a high position, it has been hovering below the zero axis, with bearish strength gradually accumulating. The overall rhythm is leaning towards bearish.

Switching to the hourly chart perspective, the price has already fallen below the EMA7 moving average, and the RSI has also shown a death cross signal above 50, indicating that the impact of the short-term decline may accelerate.

Operational Approach:
Short BTC in the range of 87700-88200, targeting around 85400 below.
Short Ethereum in the range of 2990-3010, target level to watch around 2850.

Market conditions change rapidly, so it's important to consider your own risk control before placing an order.