Liang Qiu: Bitcoin/Ethereum Continues to Ride the Wave of Bulls and Bears (with Latest Market Analysis) - December 25

Since shorting Bitcoin/Ethereum above 3060 and 90000, further shorting was initiated above 88000 and 2960 the day before yesterday, followed by long positions near 2900 and 86600 last night. This initial short-then-long strategy secured another 3000 points and over 100 points for Ethereum, bringing Ethereum's current weekly gain to over 350 points. Currently, influenced by US macroeconomic data and reduced liquidity due to the Christmas holidays, Bitcoin and Ethereum continue their weak and volatile pattern. Technically, on the daily chart, prices remain trapped within the lower Bollinger Band range, with alternating bullish and bearish candlesticks. The 4-hour chart shows that while selling pressure has eased, it hasn't completely dissipated, with prices encountering resistance and falling back after testing the middle Bollinger Band. On the hourly chart, the MACD indicator shows decreasing bullish momentum, suggesting a short-term pullback. Key resistance levels are the 4-hour and daily middle Bollinger Bands at the psychological level of 89500-90000, and the 3000-3030 level as short-term resistance. Support levels are at 86000-86500, 2880-2900, and the lower Bollinger Band on the daily chart at 85000 and 2850. Trading suggestions: Buy Bitcoin around 86600-87200, with a target around 89000; Buy Ethereum around 2900-2920, with a target around 2980-3030. Daily analysis and strategies have a high win rate and are available for viewing. However, this analysis and strategy are for reference only; please bear your own risk. Article review and publication are not timely; please refer to real-time information.