#美联储回购协议计划 The recent market momentum has continued to weaken, showing an overall downward wave pattern, with bears exerting persistent pressure. Previously, high-position short positions around BTC 88,000 performed well, successfully taking profits at midday, resulting in approximately 1,300 points of decline. In Ethereum, positions were entered around 2,976, and are currently still held. Those who have kept up with the pace can consider closing positions or reducing holdings in batches.

Next, attention should be paid to the impact of the US stock market's Christmas holiday break. Short-term traders should focus on profit margins and avoid chasing prices excessively.

From a technical perspective, although there has been some rebound and correction, overall upward momentum is lacking. The four-hour chart shows that after three consecutive bearish candles, BTC touched the lower Bollinger Band, followed by a rebound. However, the rebound strength is clearly limited, and no effective breakout has been formed. Moving to the hourly level, after rebounding from the lower band to the middle band, it was again pressured downward. The middle band resistance is significant, and the rebound lacks continuation. The pressure on short positions reappears, and it is recommended to continue following the established strategy.

Trading references:
$BTC Short around 87,500, targeting below 86,000
$ETH Short around 2,950, targeting around 2,850