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Liang Qiu: Bitcoin/Ethereum Trading Strategy and Market Analysis (December 24th)

2025-12-23 16:39:05
Shareshare
After rising yesterday, Bitcoin/Ethereum traded sideways before experiencing a drop in the early morning. The price then fell again in the evening, breaking through 87000 and 2900, reaching lows of around 896500 and 2895 respectively, indicating a weak overall trend. Currently, there has been a short-term rebound, but the momentum is not strong. Looking at the daily moving averages, the 7-day and 10-day moving averages have both started to turn downwards, suggesting further downside potential after the current correction. The daily chart shows multiple unsuccessful attempts to break through the 3080 high, forming several downward trends. On the 8-hour chart, there have been several consecutive bearish candles, with the latest closing price lower than the previous candle's low, indicating a weak market. Evening trading recommendations: Short Bitcoin around 88000-88500, target 85500-86500; Short Ethereum around 2960-2970, target 2830-2880. Daily analyses and strategies with high win rates are available for viewing. However, these analyses and strategies are for reference only; please bear your own risks. Article review and publication may not be timely; please refer to real-time updates.
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