12.23 Bitcoin market analysis reference The Bitcoin market yesterday, as mentioned in the previous article, rose as expected, with the price breaking the 90,000 mark. However, the subsequent supply from long positions was insufficient, and the trend did not stabilize for further upward movement. The price retracted again during the day, and the focus remains on the short-term resistance near the 90,000 level. Without a breakthrough, the pullback and consolidation will continue. I hope all coin friends do not blindly chase rising prices and be cautious of the price being under pressure and retracting support again. From the short-term hourly chart, the Bollinger Bands show a tightening probe. From the daily chart perspective, on December 12, the price fell from 92,630 to 89,895 with a higher trade volume bearish line, indicating a short-term top reversal pattern. Currently, the price is repeatedly contesting around the 90,000 integer mark, forming a doji pattern of bulls and bears in a stalemate. On the 2-hour level, the price fell from 90,599 to 90,048, forming continuous bearish lines and a short-term downtrend channel, while continuously facing EMA7 (90,152), EMA30 (90,677), and EMA120 (90,830). Meanwhile, the MACD indicators of each period are all below the zero axis, with a -46.6 green histogram appearing at the 2-hour level, indicating that the short-term trend is still weak. The upper resistance focuses near the 90,000 level, while the lower support focuses on the 87,000 position, followed by the 85,000 level. In terms of operations, it is recommended to focus on counter-trend shorts. The 12.23 Bitcoin short-term trading strategy reference: try shorting at 89,500-90,500, with a stop loss at 92,500, and take profit at 88,500 below. Try going long at 87,300-86,300, with a stop loss of 500 and a target of 88,300 above. The 12.23 Ethereum short-term strategy reference: try shorting lightly at 3,095-3,045, with a stop loss of 30 points and a target below 3,000. Try going long at 2,881-2,831, with a stop loss of 30 points and a target above 2,930. The article is sent with latency, and the strategy suggestions are for reference only. The market changes rapidly, and no matter how high the judgment of the market is, the stop profit and stop loss must be managed well, locking in profits. #2025Gate年度账单 #加密市场小幅回暖 $BTC $GT $ETH