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Mu Feng's Trend Analysis: Bitcoin/Ethereum Trading Recommendations for the Evening of December 23rd

2025-12-23 10:23:30
Shareshare
On the daily chart, the KDJ and MACD indicators weakened today, indicating a consolidation phase over the past two days. Yesterday's rebound in the Bollinger Bands failed to threaten the middle band, suggesting a weak rebound and strong selling pressure. On the 12-hour chart, the KDJ and MACD indicators show signs of stalling and turning downwards, while the Bollinger Bands continue their downward trend. The short-term outlook is for a sideways, downward consolidation. The recommended strategy is to sell on rallies. Specific entry points are as follows: Bitcoin: Sell at 88000-88500, target 86000; Ethereum: Sell around 2980-3000, target 2900. These are my personal trading suggestions for tonight and are for reference only.
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