Bitcoin breaks 90K, is the Christmas bull market coming?

Today, the Federal Reserve has injected $44 billion into the market through repurchase agreements, indirectly indicating the exhaustion of market liquidity to replenish it. In order to produce impressive reports by the end of the year, this drip-feeding behavior is unlikely to drive prices too high! Overall, the trend may at most see a rebound before continuing to consolidate!

In the morning, I set up a short position after a rise to 90,000. The downward test at 8750 support did not break, indicating an overall space of 2000 points. In the evening, a second rise started, focusing on the situation of breaking through 9050 tonight. The short position should be monitored lightly for small losses here; if it cannot break, we will need to retest the 8750-8610 support. If it breaks, it will test the pressure near 9270!

Ethereum hit a low of 2966 today, with a short position having a small space of 100 points. It just happened to rebound at the daily support. In the evening market, we will watch the strength of the pullback. If it does not break below the 3000 level and the four-hour line can close above 3028, then the market will have another chance to test the pressure in the 3130-3150 range. Short positions should wait here! #加密市场小幅回暖