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Good morning friends. Due to Christmas, the US stock market was closed last night, so the market fluctuations were relatively small. The coin price continued its previous upward trend, testing above 85,000, then quickly pulled back. Currently, Bitcoin and Ethereum are both in a tug-of-war downward phase. For those paying attention to Zhi Yu, the strategies provided this week have been undefeated so far. If you want to quickly follow the rhythm and effectively accumulate positions, just follow along. A small decision might quickly help you get out of the current predicament.
Looking at Bitcoin on the four-hour chart, the price broke through the middle band with a strong bullish candle, then quickly corrected with two consecutive bullish candles. The overall market remains in a tug-of-war between bulls and bears, consolidating in a range. Although there was some rebound and correction in the short term, the price still operates within the triangle range. If no major positive news emerges, the overall downward trend will likely continue. On the short-term hourly chart, after a brief overbought condition caused by a large bullish candle, the price continued to close with a medium bearish candle, quickly swallowing most of the previous gains, approaching the middle band again. Although the market has not effectively broken below the middle support, the KDJ indicator and the MACD histogram turning from positive to negative suggest that a breakout is only a matter of time. The short-term bearish outlook remains unchanged; consider shorting on rebounds for layout.
For Bitcoin, short around 88,000, watch near 86,000. For Ethereum, short above 2,950, watch near 2,850. #2025Gate年度账单 #加密市场小幅回暖 #Gate社区圣诞氛围感