On the morning of December 22, BTC and Ether operations and analysis
From the daily chart perspective, after the price dipped below the lower Bollinger Band support, it recorded a two-day bullish rebound. Although it has managed to recover some lost ground, the upward momentum is significantly lacking, and the price action of the asset showing a rise followed by a fall reveals a weak trend. The MACD indicator also provides a clear signal; the red histogram above the zero line has not effectively expanded, and both lines are continuously operating at a low level below the zero line, indicating that the trend has not undergone a substantial reversal, and the daily pattern remains biased towards a bearish structure. On the four-hour chart, after a prolonged period of choppy fluctuations, the price finally chose to break downwards, with the asset approaching the key support at the middle Bollinger Band. The technical indicators are simultaneously issuing a strong bearish signal: the RSI three lines are collectively operating within the strong zone, and the KDJ indicator has formed a clear golden cross and is accelerating upwards. BTC can be entered in the range of 88000—88500, with a short-term target looking at 89500 - if there is an effective breakthrough, then look around 90500. The two cakes can be entered in the range of 2970-3000, with a short-term target of 3030 - if there is an effective breakthrough, then look at around 3070. #2025Gate年度账单 #成长值抽奖赢金条和精美周边 #ETH走势分析
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On the morning of December 22, BTC and Ether operations and analysis
From the daily chart perspective, after the price dipped below the lower Bollinger Band support, it recorded a two-day bullish rebound. Although it has managed to recover some lost ground, the upward momentum is significantly lacking, and the price action of the asset showing a rise followed by a fall reveals a weak trend. The MACD indicator also provides a clear signal; the red histogram above the zero line has not effectively expanded, and both lines are continuously operating at a low level below the zero line, indicating that the trend has not undergone a substantial reversal, and the daily pattern remains biased towards a bearish structure. On the four-hour chart, after a prolonged period of choppy fluctuations, the price finally chose to break downwards, with the asset approaching the key support at the middle Bollinger Band. The technical indicators are simultaneously issuing a strong bearish signal: the RSI three lines are collectively operating within the strong zone, and the KDJ indicator has formed a clear golden cross and is accelerating upwards.
BTC can be entered in the range of 88000—88500, with a short-term target looking at 89500 - if there is an effective breakthrough, then look around 90500.
The two cakes can be entered in the range of 2970-3000, with a short-term target of 3030 - if there is an effective breakthrough, then look at around 3070.
#2025Gate年度账单 #成长值抽奖赢金条和精美周边 #ETH走势分析