BTC/Ethereum Midday Market Analysis (December 25)
I. Bitcoin Technical Analysis
From a 4-hour timeframe perspective:
- Candlestick structure : The recent appearance of multiple long upper shadows indicates significant selling pressure above and a strong willingness to cash out at higher levels; at the same time, the lows are gradually rising, indicating some support below, and the overall pattern is one of range-bound trading .
- MACD indicator :
- The histogram continues to run below the zero axis.
- Both DIF and DEA are below the zero line, indicating that the bears are still in control, but the trading volume is showing signs of shrinking, and the bearish momentum has weakened.
- Moving average system :
- The current price is close to the EMA7.
- However, it is still significantly lower than EMA30 and EMA120 👉 The short-term trend is weak, and the medium-term trend has not yet reversed.
In addition, US stock markets are closed today , and overall market sentiment is relatively quiet. Limited fluctuations are expected during the day, and it is advisable to treat the market as range-bound for now.
II. Midday Operation Strategy
Given the current weak and volatile market with significant selling pressure above , it is still recommended to short on rallies and not to consider long positions at this time.
🔸 Bitcoin (BTC / BTC)
- Entry range : 88000 – 88500
- Target location : around 87000
- Logical explanation : The price has repeatedly failed to break through resistance at higher levels, and the moving averages are providing significant pressure. Therefore, shorting at the upper edge of the trading range offers a relatively high cost-performance ratio.
🔸 Ethereum ( ETH)
- Entry range : 2960 – 2990
- Target location : around 2900
- Logical explanation : The rebound momentum is insufficient, the trend is linked to Bitcoin, and the overall structure is still in a weak and volatile state.
III. Risk Warning
- The current market is mainly fluctuating within a range ; avoid blindly chasing highs and lows.
- If the price breaks through the key range effectively, the trading strategy needs to be adjusted promptly.
- Market conditions are constantly changing, and this article is time-sensitive. Please refer to real-time market guidance for guidance on following or using this information.
