Crypto Waves: 12.24 crypto world Bitcoin (BTC), Ethereum (ETH ) today's latest market analysis reference, information interpretation

Crypto waves: 12.24 Bitcoin (BTC) market analysis reference:
Yesterday's Bitcoin market trend closely matched the analysis in the previous article: the price retraced as expected during the day to test the support below, touching the 86500 line before stopping the decline and rebounding, with the current coin price running around 87300. From the daily level, Bitcoin's daily K line once again closed in the red yesterday, continuing the overall downward channel trend with slight fluctuations leaning bearish, and the recent price has been hovering around the middle and lower bands of the Bollinger Bands; although the bearish momentum of the MACD indicator has weakened, it has not yet turned bullish, while the J value of the KDJ indicator is turning downwards, indicating that the short-term rebound momentum is significantly limited. Short-term focus should be on support levels: primary support at 86500 (recent low point of the retracement), secondary support at 85500, and a strong support range of 84000-85000; resistance levels are focused on 88800 (recent upper range of fluctuations) and the critical integer level of 90000.
From the short-term hourly chart, at the 4-hour level, after the price surged to the 90500 line, it formed a double top pattern, breaking the short-term upward trend. The price quickly fell back from the upper track and breached the middle track to test the lower track support. The middle track also shifted from a support level to a strong resistance in the short term, and the price encountered resistance and fell back upon rebounding to that position. At the same time, the support area of the previous oscillation platform was effectively breached, and after the price dipped to a low point of 86500, the strength of the rebound appeared weak. The trading volume continued to shrink during the rebound process, further confirming the insufficient buying strength. Currently, the Bollinger Bands are opening downward, and there has been no clear reversal signal in the short-term bearish pattern, so caution is warranted regarding the possibility of a second dip to test the low support.
In the crypto world: Short-term reference for 12.24 Bitcoin:
Long position: Long in the 85500-86500 range, defend at 84500, target at 87500-88500.
Short position: Short in the 89000-90000 range, defend at 91500 for addition, target is 88000-87000.
Riding the Waves of the Crypto World: 12.24 Ethereum Short-term Reference:
Long position: Buy in the 2850-2900 range, defend at 2750, target 2950-3050.
Short position: Short in the 3040-3080 range, defend at 3200, target 2950-2850.
There is a delay in sending articles, which is time-sensitive. This is a personal opinion and for reference only; do not operate blindly! I hope everyone can adhere to their principles on the investment journey, no matter how the market changes, and maintain rationality and calmness. Seize the opportunities; each decision is just right. Sail through the ocean of investment, reaping wealth and growth!!!#BTC #ETH