The decline that began yesterday afternoon saw both Bitcoin and Ethereum perform. Bitcoin dipped near 87,200, and Ethereum around 2,910, then quickly rebounded to reach key levels at 88,000 and 2,960. Ethereum successfully hit its target, and Bitcoin still has room to rise.
From a technical perspective, Bitcoin's 4-hour MACD shows DIF above DEA, with the histogram turning positive, indicating short-term momentum is recovering. However, the values are still low, and the rebound strength is not yet strong enough, which may limit the upside. Ethereum's trend is largely synchronized—after a previous high point, it pulled back and is now in a recovery phase. The 4-hour chart has already shown a golden cross signal, suggesting a rebound demand exists, but the trading volume is relatively light, which could restrict further upward movement.
**Trading Strategy** - Bitcoin: Consider short positions in the 88,200-88,800 range, targeting around 86,500 - Ethereum: Short positions in the 2,970-3,000 range, targeting around 2,880
Market conditions change rapidly; this analysis is for reference only. Actual entries should be based on real-time market data. $BTC
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
5
Repost
Share
Comment
0/400
GasFeeSurvivor
· 4h ago
With such low trading volume, how far can the rebound go? I have my doubts.
View OriginalReply0
CrashHotline
· 4h ago
Another short position? I feel like I'm shorting every day...
View OriginalReply0
DecentralizeMe
· 4h ago
The trading volume is too light, and the rebound momentum is insufficient. This wave might just be a false alarm again.
View OriginalReply0
RektHunter
· 4h ago
Starting to talk about MACD golden cross again, and this set about light trading volume. Every time, they say the rebound momentum isn't strong enough, and then they get proven wrong. Will this time be different?
View OriginalReply0
PoolJumper
· 4h ago
The volume is too low. How can this rebound gain momentum? It feels like it's going to fall back again.
#数字资产市场动态 December 28 Afternoon Market Review
The decline that began yesterday afternoon saw both Bitcoin and Ethereum perform. Bitcoin dipped near 87,200, and Ethereum around 2,910, then quickly rebounded to reach key levels at 88,000 and 2,960. Ethereum successfully hit its target, and Bitcoin still has room to rise.
From a technical perspective, Bitcoin's 4-hour MACD shows DIF above DEA, with the histogram turning positive, indicating short-term momentum is recovering. However, the values are still low, and the rebound strength is not yet strong enough, which may limit the upside. Ethereum's trend is largely synchronized—after a previous high point, it pulled back and is now in a recovery phase. The 4-hour chart has already shown a golden cross signal, suggesting a rebound demand exists, but the trading volume is relatively light, which could restrict further upward movement.
**Trading Strategy**
- Bitcoin: Consider short positions in the 88,200-88,800 range, targeting around 86,500
- Ethereum: Short positions in the 2,970-3,000 range, targeting around 2,880
Market conditions change rapidly; this analysis is for reference only. Actual entries should be based on real-time market data. $BTC