#BTC资金流动性 December 24 midday - Bitcoin and Ethereum technical analysis

On the four-hour chart, the performance of Bitcoin and Ethereum is not very optimistic. Two consecutive bearish candles accompanied by the expansion of the Bollinger Bands indicate that the bears are clearly in control. The momentum of this decline is quite strong, and there is a possibility that the short-term support level may be breached.

At the hourly level, the rhythm of three consecutive bearish candles has completely suppressed the bulls. Although there may be some technical rebounds in between, the strength is difficult to maintain, and it cannot change the overall downward trend.

The current approach is actually very simple: go with the flow, focusing primarily on a bearish perspective.

The $BTC variety can consider positioning short orders in the 87500-88000 region. The first stage target is set at 86500, and if this support is broken, continue to look down at 85500.

The situation with $ETH is similar; the range of 2940-2970 is also an opportunity to short. The 2900 line is very critical; once it is breached, be prepared for the next support at 2830.

In a nutshell: Trading with the market trend leads to stable profits, while going against the trend can easily result in losses. Keep the rhythm, avoid reckless actions, and that is the right path.