#数字资产市场动态 December 24th, Wednesday, evening market analysis for Bitcoin and Ethereum.
From the hourly chart, the price has been oscillating around the midline recently, with neither the bears nor the bulls able to take the lead. It’s a typical accumulation phase. The moving averages are somewhat chaotic, with cross-distributions, indicating no clear consensus on the current direction. Although the bulls are still holding on in terms of volume, the trading volume has noticeably decreased. In the short term, expect continued sideways correction. This is actually a good opportunity to accumulate at lower levels; just be patient and wait for a pullback.
The four-hour chart shows a different atmosphere. The price has stabilized above the midline and is even testing new highs, with the upward channel clearly opening. The bullish volume is increasing, and the moving averages are beginning to flatten and rise, which is a typical bullish signal. Although there are some pullbacks and bottoming out on smaller timeframes, this reflects the accumulation characteristic. The upward correction still has potential to continue, but some phase of consolidation is inevitable in the middle.
Trading suggestions: Bitcoin: Buy on dips in the 86,700-86,200 range, with targets at 87,700-88,700. Ethereum: Look for bullish opportunities in the 2,900-2,870 range, aiming for 2,950-3,050.
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0xLostKey
· 11h ago
Charging up again? I'm tired of this explanation. Every time, you say you're charging up, but it just consolidates for a month.
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DAOTruant
· 11h ago
It's the same old story of building up strength. Wait, don't you think this kind of talk is being repeated every day?
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DegenMcsleepless
· 11h ago
The accumulation phase is the best time to buy the dip. This wave is stable.
#数字资产市场动态 December 24th, Wednesday, evening market analysis for Bitcoin and Ethereum.
From the hourly chart, the price has been oscillating around the midline recently, with neither the bears nor the bulls able to take the lead. It’s a typical accumulation phase. The moving averages are somewhat chaotic, with cross-distributions, indicating no clear consensus on the current direction. Although the bulls are still holding on in terms of volume, the trading volume has noticeably decreased. In the short term, expect continued sideways correction. This is actually a good opportunity to accumulate at lower levels; just be patient and wait for a pullback.
The four-hour chart shows a different atmosphere. The price has stabilized above the midline and is even testing new highs, with the upward channel clearly opening. The bullish volume is increasing, and the moving averages are beginning to flatten and rise, which is a typical bullish signal. Although there are some pullbacks and bottoming out on smaller timeframes, this reflects the accumulation characteristic. The upward correction still has potential to continue, but some phase of consolidation is inevitable in the middle.
Trading suggestions:
Bitcoin: Buy on dips in the 86,700-86,200 range, with targets at 87,700-88,700.
Ethereum: Look for bullish opportunities in the 2,900-2,870 range, aiming for 2,950-3,050.
$BTC $ETH