December 25th midday Bitcoin and Ethereum trading suggestions and outlook

Opportunities are hidden in calmness. When most people are watching and hesitating, it’s the perfect time to act. Prepare in advance so that when the market starts moving, you can confidently seize your profit opportunities. The early morning bullish idea was once again validated. A rebound to around 87,900 suggests entering long positions. After a pullback to around 87,500, consider taking profits and exiting. This allows for a small gain of over 400 points. Simultaneously, Bitcoin gained over 54 points. The morning’s volatile market offers opportunities—did you seize them?
From the current market situation, the 1-hour chart shows that after a correction near the upper Bollinger Band, the trend is downward. The short-term technicals remain somewhat bearish. The short-term upper band at 88,000 still faces strong resistance. Due to Christmas holidays, the market may not have significant volatility. If it doesn’t break and stabilize above this resistance, expect a narrow range correction. Therefore, our midday trading strategy is to focus on buying low near support and selling high near resistance.
Bitcoin around 87,500 to 88,000 can be considered for long positions, with attention to 86,500. Set stop-loss above 88,000.
Ethereum around 2,940 to 2,970 can be considered for long positions, with attention to 2,880. Set stop-loss at 2,980.
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