The market trading atmosphere remained light yesterday, with volatility further narrowing, continuing the recent weak oscillation pattern. The strength of the bulls' counterattack was weak, with rebound momentum clearly insufficient, and prices failed to effectively break through key resistance levels.
Today is Christmas Eve, and the US stock market will close early. It is expected that market liquidity will further shrink, and overall volatility may remain low, likely continuing a narrow range fluctuation.
The support level around 86500 is solid, having undergone multiple tests without breaking below, forming a strong support in the current phase; the 88800 position above creates a short-term resistance, and if there is no significant breakout, the upward space will be limited. In terms of operation, it is recommended to conduct high sell low buy within this range.
BTC trading suggestion: Bounce near 88200-88900, then look down to 86900-85000. If it breaks, continue looking down.
ETH operation suggestion: rebound near 3000-3050, look down to around 2920-2800, if it breaks, continue to look down to #加密市场小幅回暖
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YaoQianshuA
· 4h ago
Merry Christmas, let's get bullish! 🐂
View OriginalReply0
YaoQianshuA
· 4h ago
Awesome, the specific operation of the point position is convenient
December 24 BTC ETH market strategy
The market trading atmosphere remained light yesterday, with volatility further narrowing, continuing the recent weak oscillation pattern. The strength of the bulls' counterattack was weak, with rebound momentum clearly insufficient, and prices failed to effectively break through key resistance levels.
Today is Christmas Eve, and the US stock market will close early. It is expected that market liquidity will further shrink, and overall volatility may remain low, likely continuing a narrow range fluctuation.
The support level around 86500 is solid, having undergone multiple tests without breaking below, forming a strong support in the current phase; the 88800 position above creates a short-term resistance, and if there is no significant breakout, the upward space will be limited. In terms of operation, it is recommended to conduct high sell low buy within this range.
BTC trading suggestion: Bounce near 88200-88900, then look down to 86900-85000. If it breaks, continue looking down.
ETH operation suggestion: rebound near 3000-3050, look down to around 2920-2800, if it breaks, continue to look down to #加密市场小幅回暖