2025-12-24 12:10:57

#美联储回购协议计划 December 24, Wednesday, Bitcoin and Ethereum Short-term Technical Analysis

Looking at the hourly chart, the price has tested resistance several times but failed to break downward. It is now oscillating within the mid-range area. The bullish momentum is somewhat waning, trading volume has decreased, and the moving averages are in disarray. Short-term fluctuations are inevitable during this period. Overall, this is a consolidation phase for the bulls, and buying on dips remains a viable strategy.

The four-hour chart tells a different story. The price has held above the mid-line and is pushing higher, with the channel widening. Trading volume has picked up, and the moving averages are gradually trending upward. The pullbacks on smaller timeframes have provided many entry opportunities. The upward trend shows some persistence, but traders should also be prepared for sideways movement.

Bitcoin suggestion: $BTC Buy within the 86,700-86,200 range, targeting 87,700-88,700
Ethereum suggestion: $ETH Enter long positions within the 2,900-2,870 range, with targets at 2,950-3,050

The current Federal Reserve repurchase policy is also affecting market sentiment. In this context, risk management remains crucial.

BTC-0,19%

ETH-0,44%

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MerkleDreamer

· 12-24 12:41

It's the same old Federal Reserve approach; it feels like the market has been manipulated. Wait, if the hourly chart can't break, do we have to wait for the four-hour confirmation? I've been lurking at the 86700 level for a while; just waiting to see if it can break 88. The Ethereum range feels a bit narrow; it's just oscillating and killing momentum. Do buyback programs really have that much impact, or are they just looking for an excuse?

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NFTPessimist

· 12-24 12:39

The chaotic moving averages are really amazing, so true. But it still depends on the Fed's stance; if their repurchase policy changes, all technical analysis becomes useless. --- Buying at low levels sounds good, but I'm afraid it's just the beginning of a reverse assault. --- Many people overlook the detail of shrinking trading volume, which is crucial. --- 87,700? I think we should wait until it passes 88 before speaking, don't want to get cut. --- I don't see the channel widening; is it my chart that's wrong or what's going on? --- The Fed's repurchase agreement is indeed disgusting, I always feel there's more trouble ahead. --- Going long is fine, but set your stop-loss first, or chasing high will be the end of it.

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DefiPlaybook

· 12-24 12:37

The description of the moving averages being a mess is spot on, just like how I manage my wallet [dog head]. Waiting for the Federal Reserve policy again? Honestly, this repurchase operation is really not a big deal compared to the wool we can fleece. 86200 is a bit risky; historically, this level always results in "false breakouts followed by sharp dives." Be cautious, everyone. The four-hour chart looks really good, but be careful—when the channel widens too much, that's often where the most people get caught. In this context, I actually want to look for over-the-counter arbitrage opportunities rather than just watching K-line charts. 88700? That’s a bit dreamy, brother, but who says dreams can’t come true? The trading volume is really picking up, which means there are still people throwing real money into the sell-off. Wait, the Federal Reserve repurchase? Then I need to adjust my anti-inflation strategy.

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MEVictim

· 12-24 12:37

Don't mess with the moving averages when they're all over the place. I'll wait for the 4-hour chart to be clearer before making a decision.

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SoliditySurvivor

· 12-24 12:31

Still fluctuating, when will there be a surge?

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PebbleHander

· 12-24 12:11

The moving averages are a mess, I really resonate with this part. I almost tried to bottom fish based on this idea yesterday, luckily I didn't act impulsively. --- Wait, is the four-hour chart really that strong? The chart I’m looking at doesn’t seem that optimistic. --- I think the lower boundary of the 86,700-86,200 range will break. The Fed’s recent repurchase plan has me feeling uncertain. --- I still have some holdings, just waiting for this rebound to add more, betting that the channel will continue to open up. --- Is the trading volume really picking up? My data shows decreasing volume on my end, feels a bit conflicting. --- That key level at 2,900 is really crucial. If it breaks, it’s straight to 3,050. If it doesn’t, I need to mentally prepare to cut losses. --- I think this analysis is a bit too optimistic. The phrase “risk control” sounds a bit perfunctory. --- I’m tired of hearing about bullish momentum building up; often, the opposite happens.

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