#以太坊行情解读 December 24th, Wednesday, Bitcoin and Ethereum evening session trend analysis

Looking at the 1-hour chart——the price has pulled back under pressure, but instead of continuing to fall, it rebounded. Currently, it is oscillating near the midline, and although the bullish momentum has contracted, it is still maintaining a balance in price. The moving averages are arranged in a cross pattern, so short-term consolidation is inevitable. The core logic remains that the bulls are accumulating strength at low levels for a rebound, and the next strategy is to go long at low levels.

Switching to the 4-hour chart——the situation becomes much clearer. The price has stabilized above the midline and is pushing upward, with the channel opening upward clearly visible. Bullish momentum is gradually increasing, and the moving averages are flat but steadily rising. Although there was a pullback to the bottom in the smaller cycle, it has gained sufficient momentum, which provides some continuity for the upward movement. However, it’s important to note that phase fluctuations will still occur.

$BTC Trading strategy: Enter long in the 86,700-86,200 region, targeting the 87,700-88,700 range. $ETH Trading strategy: Position in the 2,900-2,870 area for long, with a target between 2,950-3,050.

Markets are risky; trade cautiously.