mt logoMyToken
ETH Gas15 Gwei ($0.92)
EN

Bitcoin and Ethereum Trading Recommendations and Future Trend Analysis (12/26)

2025-12-26 16:15:47
Shareshare
Big Cake E-commerce Trading Suggestions and Future Trend Analysis (December 26): The current market is in a downtrend, with neither technical indicators nor external factors providing clear trend signals. Technically, the candlestick pattern shows a significant bearish engulfing pattern, and the price is below the moving averages, with short-term moving averages sloping downwards and weakening momentum. These factors collectively point to potential downside risk. However, market sentiment indicators (such as Bollinger Bands and RSI) show balanced sentiment, failing to provide consistent support for the bearish signals. Furthermore, the lack of volume data further weakens the reliability of technical signals. On the four-hour chart, the current market is in a consolidation phase, with weakening momentum and no clear trend signal (major premise). The price is approaching the strong support level of 84408.6, which is a previous low and has strong support (minor premise). Therefore, going long near the support level is a reasonable choice in line with the current consolidation pattern (conclusion). Analyst Xiao Ma's Trading Diary Recommendations: Bitcoin: Buy around 86000-86500, target 87500-88000. Bitcoin 2: Buy around 2880-2900, target 2980-3030.
Disclaimer: This article is copyrighted by the original author and does not represent MyToken’s views and positions. If you have any questions regarding content or copyright, please contact us.(www.mytokencap.com)contact