Yueying: December 27th Bitcoin and Ethereum Market Analysis - Short-term Strategy Proven Precisely Again; Continue to Maintain Range-bound Trading Over the Weekend

Bitcoin's price action once again met expectations, with long positions triggered precisely. On the daily chart, the price retraced after encountering resistance around the middle Bollinger Band, with the previous candlestick closing with an upper shadow. Intraday trading saw the price fluctuate below the middle Bollinger Band and the 7-day moving average. The Bollinger Bands remain flat, with short-term moving averages hovering around the middle band. The MACD fast and slow lines are extending upwards, and the volume bars are increasing again. The KDJ indicator is facing resistance and has crossed downwards, while the VR indicator is consolidating around 90. On the 4-hour chart, the price broke through the upper Bollinger Band but failed to continue its upward momentum, instead closing with a small dip. The Bollinger Bands are flat, and short-term moving averages around the middle band show signs of turning downwards. The MACD fast and slow lines have crossed downwards again below the zero line, with the volume bars decreasing. The KDJ indicator has found support and is turning upwards, while the VR indicator is consolidating around 70. Overall, the market continues to trade within a range. Liquidity is expected to weaken over the weekend, and the short-term outlook remains one of continued range-bound trading, referencing the upper and lower Bollinger Bands on the 4-hour chart. Therefore, short-term trading should focus on buying low and selling high within the range. Bitcoin Short-Term Trading Suggestions: Long at 86600, Short at 88600 (Take profits as needed). The short at 2980 and long at 2900 mentioned above on Ethereum perfectly timed the market movement, capturing short-term fluctuations. For overall technical analysis, refer to the daily and 4-hour indicators for Bitcoin's reference. Be cautious of price deviations, so continue using the strategy mentioned above. You can re-enter when the price reaches these levels, but plan carefully. See short-term suggestions. Ethereum Short-Term Trading Suggestions: Short at 2980 (Short at 3055), Long at 2900 (Long at 2830) (Click the image to see the homepage introduction for more cryptocurrency analysis) — I am Zhou Yueying, a teacher specializing in technical analysis. If you have any questions about trading or trends, feel free to discuss and learn with me! Let's exchange ideas and profit together!