#数字资产市场动态 12.26 Evening Market Summary: Bitcoin and Altcoin Trend Analysis

From the 4-hour K-line chart, although the price is hovering near the short-term moving averages, the upward momentum is clearly weakening. Multiple attempts to push higher have failed to break above the previous high, and the market structure has shifted from "trend continuation" to "repeated exhaustion at high levels." The Bollinger middle band shows oscillation back and forth, but the situation remains unresolved, which is a typical sign of strength turning into weakness.

At the 1-hour level, the picture becomes even clearer. After a rapid surge earlier, the trading volume did not keep pace. The highs are getting higher, but the K-line bodies are shortening, and the upper and lower shadows are increasing—this is a common sign of "pulling up to distribute." The MACD at high levels has already dulled, and the momentum bars are beginning to flatten, indicating that the short-term bullish strength is clearly insufficient.

Core evening view: The bulls are showing signs of fatigue; the high levels are an ideal opportunity for short positions.

**Specific Suggestions:**

Bitcoin: Short positions in the 88,800-89,500 range, targeting 88,000 and 86,800. Be cautious if it breaks below 85,000.

Ethereum: Enter at 2,990-3,020, with targets at 2,900 and 2,840. Stop-loss if it breaks below 2,760.

The market is still adjusting. Patience and confirmation signals are wiser than rushing into trades.