Market Observation for the Evening of December 26:
Bitcoin is currently showing a steady trend. As long as it can hold above the key support level of 88000, it will continue to extend upward. In the short term, maintaining a bullish outlook above 88000 is more prudent, with the medium-term target pointing to the 90500-91500 range.
Ethereum's performance closely follows Bitcoin's rhythm, moving upward in sync. In this rebound, the 3080 region is a noteworthy level and can serve as a reference point for short-term observation. The coordinated strength of these two leading cryptocurrencies reflects an improvement in market risk appetite. The Federal Reserve's repurchase agreement plan continues to influence market sentiment, and the rebound after this wave of correction in the crypto market warrants ongoing attention.
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PerennialLeek
· 11h ago
88,000 is again a key support level. I'm tired of hearing this phrase. Either break through or fall below, no more messing around.
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LayerZeroJunkie
· 21h ago
88000 really can't hold up, feels like it's going to plunge again
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OnchainGossiper
· 21h ago
Just hold on to 88,000, no need for all those fancy analyses.
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SerNgmi
· 21h ago
Can we hold this 88,000 level? It feels a bit uncertain... Let's wait and see.
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LiquidityHunter
· 22h ago
If we can't hold the 88,000 threshold, we'll have to rethink things. The liquidity gap is a bit glaring.
Market Observation for the Evening of December 26:
Bitcoin is currently showing a steady trend. As long as it can hold above the key support level of 88000, it will continue to extend upward. In the short term, maintaining a bullish outlook above 88000 is more prudent, with the medium-term target pointing to the 90500-91500 range.
Ethereum's performance closely follows Bitcoin's rhythm, moving upward in sync. In this rebound, the 3080 region is a noteworthy level and can serve as a reference point for short-term observation. The coordinated strength of these two leading cryptocurrencies reflects an improvement in market risk appetite. The Federal Reserve's repurchase agreement plan continues to influence market sentiment, and the rebound after this wave of correction in the crypto market warrants ongoing attention.