#数字资产市场洞察 Technical summary of the morning session on December 22

From the 1-hour K-line momentum perspective, the rebound power last night was clearly weaker than the bearish pressure. Each bullish candlestick has a long lower shadow, indicating that every time the bulls try to push upwards, they are knocked down, leading to frequent corrections.

The performance of the Bollinger Bands is more indicative of the issue - although the lower band and the middle band have started to turn up, the upper band is still trending downwards, and the entire band is in a state of contraction. This means that the short-term volatility space is limited, and it is highly likely that it will continue to oscillate within the current range. There will be rebounds, but do not expect too much upward space.

Specifics look:
$BTC is maintaining within the range of 88700-89200; if it breaks down, the first area to watch is 87000-87500.
$ETH fluctuates between 3030 and 3060, and if it breaks below, support may form around 2850.

Overall, this market trend is characterized by a shrinking volume and oscillation. Patiently waiting for a direction to be established is more reliable than blindly chasing long or short positions.