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Xiaoyao KOL: Bitcoin and Ethereum Afternoon Market Analysis 12.29
Bitcoin currently shows a pattern of probing lows and then slightly rebounding before pulling back. The daily MACD histogram continues to shrink, indicating waning momentum, but the overall trend remains unchanged. The intraday rise and fall are technical corrections. On the 4-hour chart, MACD shows a golden cross, but volume is insufficient to support a significant rally. Ethereum's 4-hour MACD hovers near the zero line, but the bullish momentum has not been fully exhausted. Short-term rebounds should be cautious of pullback risks. It is recommended to buy on dips at high levels during intraday rebounds.
Operational suggestions: Buy on dips around 90,400 to 91,000 for Bitcoin, targeting about 88,000; buy on dips around 3,050 to 3,080 for Ethereum, targeting about 2,960. Market conditions are constantly changing. The article is time-sensitive. Traders entering positions should follow real-time guidance.