2025-12-26 00:10:28

Good morning everyone! During the Christmas season, market enthusiasm is lacking. Bitcoin surged to 88,500 in the early trading hours today but then started to weaken, falling into a volatile downward trend along with Ethereum.

Looking at the four-hour chart, although Bitcoin temporarily broke through the midline with a strong bullish candle, it was followed by several bearish candles, erasing all the gains. This indicates that bulls and bears are still battling. Currently, the price is stuck within a triangle convergence; without new momentum, it is likely to continue oscillating weakly. On the hourly chart, after the rally, the asset is in a seriously overbought state, and subsequent consecutive medium bearish candles have directly wiped out profits, bringing the price back near the midline. Both KDJ and MACD signals are beginning to turn downward, increasing the probability of a breakdown.

The recent outlook remains mainly bearish. Consider shorting at key resistance levels during rebounds for a more secure strategy.

Reference suggestions:
Bitcoin: Short in the 87,500-88,000 range, targeting around 85,100
Ethereum: Short in the 2,930-2,950 range, targeting around 2,780

BTC1.07%

ETH0.57%

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BearMarketMonk

· 3h ago

Another holiday market, really stifling. Did it top at 88,500? --- I support the bearish approach, just worried about missing the entry during a rebound. The 88,000 level definitely has some significance. --- All the exits during the Christmas holiday were correct. It's not too late to re-enter after a dip. --- I didn't quite understand the part about the KDJ turning. Can you explain it simply? --- Damn, it's another correction phase. How long will this oscillation last? --- Is the target of 2780 a bit too aggressive? Is Ethereum this weak? --- Try shorting again. Set the stop-loss at 88,500. --- I missed the early move long ago. Now entering feels a bit off. --- Without new catalysts, there's really no opportunity. I'll continue to observe.

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SquidTeacher