Yue Ying: 12.25 Bitcoin and Ethereum Market Analysis Today - Daily Midline Support Holds, Continuing to Watch Weakness - Short-term Suggestions Included

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Bitcoin Technical Analysis ————

Bitcoin daily chart shows the previous K-line closed with a needle, continuing to face resistance around the 7-day moving average. Intraday, the price opened with narrow fluctuations, and the Bollinger Bands remain flat. The short-term moving averages are around the midline. The MACD fast and slow lines are extending upward, with the histogram turning positive again. The KDJ is facing resistance and has turned flat after a head-and-shoulders pattern. The VR indicator is consolidating near 75. On the 4-hour chart, after a slow decline, the price found support at the lower band and rebounded. Currently testing resistance near the midline. The Bollinger Bands are slightly opening, and the short-term moving averages are turning upward. After the MACD fast and slow lines broke below the 0 axis, they are turning upward again, with decreasing histogram volume. The KDJ is crossing upward, watch for resistance near 100. The VR indicator is consolidating near 80. Overall, the market remains in a range-bound oscillation. The bottom test predicted yesterday has played out but with limited strength, supported around 86,000. Today is Christmas, US stock markets are closed, trading volume is low, liquidity weakens. Expect mainly range-bound movement, with resistance near the daily midline, support at the previous low. Short-term trading suggestions are provided.

Bitcoin Short-term Suggestions: Long at 86,800, Short at 88,800 (activate strategy for profit, manage at will)

Yitai Technical Analysis ————

Yitai rebounded from around 2886 after a needle insertion, currently facing resistance below 2970. The fluctuation range is less than $100. Overall technicals are linked to Bitcoin’s reference. Intraday, focus on the 2980-2880 range. If broken downward, extend support to around 2800. Short-term trading suggestions are provided.

Yitai Short-term Suggestions: Short at 2970, Long at 2900 (activate strategy for profit, manage at will)

—— I am Zhou Yueying, a teacher focused on technical analysis. If you have any questions about operations or trends, feel free to discuss and learn with me! Let’s share insights and profit together! #BTC #ETH