#比特币与黄金战争 December 24, Wednesday Market Observation: Short-term Outlook for Bitcoin and Ethereum

【Bitcoin Technical Analysis】
Looking at the 1-hour chart, after facing resistance, the price begins to rebound. Currently, it is operating within the mid-range band. Although the bullish volume has decreased, it still maintains consolidation. The moving averages are crossing, forming a balanced trading channel—this is a typical oscillation correction rhythm, with bulls accumulating strength at lower levels. In the short term, it is expected to repeatedly test around this area, accumulating momentum for the next upward move.

Switching to the 4-hour chart, the situation becomes clearer. The price has stabilized at the mid-range and is starting to push upward. The trading channel is opening upward space, with bullish volume expanding and moving averages gently but steadily rising. Although there are minor pullbacks on smaller timeframes, this is a sign of accumulation. The upward correction has some continuity, accompanied by phase oscillations—that's normal.

**Trading Strategy**: Focus on long positions at lower levels, building positions around 86,700-86,200, targeting 87,700-88,700 $BTC

【Ethereum Technical Analysis】
Similar to Bitcoin, Ethereum is also in a phase of bullish retracement and accumulation. With the same technical structure and volume characteristics, there are opportunities around the 2900-2870 region in the short term.

**Trading Strategy**: Enter long positions around 2900-2870, with targets at 2950-3050 $ETH

Overall, both assets are maintaining a bullish trend in the short term. Pullbacks are essentially opportunities to add positions, not signals of reversal.