Yesterday, Bitcoin and Ethereum saw some gains at higher levels. Bitcoin's recent price action, with multiple rallies followed by pullbacks, indicates significant selling pressure. The market is currently consolidating. On the 4-hour chart, both the DIF and DEA lines are below the zero line, and the MACD histogram is negative, indicating a bullish trend, but with signs of convergence. A short-term rebound is possible. The price is currently below the EMA7, EMA30, and EMA120, showing a bearish alignment, indicating a generally weak trend. Tonight, we recommend entering positions on rebounds at higher levels. For Bitcoin, we suggest entering around 88400-89000, with a target of 87000-86000. For Ethereum, we suggest entering around 3000-3030, with a target of 2950-2900. However, market conditions are constantly changing, and this article is time-sensitive. Those entering positions should refer to real-time guidance.
Xiaoyao KOL: Bitcoin and Ethereum Evening Market Analysis 1.1
2026-01-01 08:15:24
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