#美联储回购协议计划 Bitcoin and Gold Status Contest | Market Analysis for December 24

**Bitcoin Technical Analysis**

Looking at the 1-hour chart, after facing resistance, the price rebounded and is currently trading within the mid-range zone—although the bulls are shrinking in volume, the consolidation trend remains solid. The moving average crossover has formed a balanced channel, which is a typical oscillation correction. Bulls are accumulating strength at lower levels and will continue to test this area repeatedly in the short term, building momentum for subsequent upward movement.

Switching to the 4-hour chart, the situation becomes clearer. The price has stabilized at the mid-range and is pushing upward, opening space for further gains. The bullish volume is increasing and aligned, with moving averages moving smoothly but steadily upward. Although there are minor pullbacks on smaller timeframes, this is a sign of accumulating strength—upward correction is ongoing, accompanied by phased oscillations, which is a normal rhythm.

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

**Ethereum Technical Analysis**

Ethereum's trend is similar to Bitcoin's, also in a phase of bullish accumulation after a pullback. The technical structure is alike, with similar volume characteristics, and short-term opportunities revolve around the 2900-2870 zone.

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

**Overall Judgment**: Both assets are maintaining a bullish rhythm in the short term. The pullback is essentially an opportunity to add positions, not a sign of reversal.