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View on midday of December 25th
From the perspective of the support shown on the 1-hour chart of Bitcoin, the slight upward movement in the horizontal consolidation with increased volume exhibits a classic feature of small-scale breakthroughs during the consolidation phase. The middle band of the Bollinger Bands is moving downwards synchronously, and the short-term pressure gradient is gradually increasing. The rebound strength of the consolidation in the short term is limited.
There is no need to rush to enter the market; wait for the price of the coin to fall back to the key support level for confirmation before choosing the right time to enter. For intraday operations, just look for a pullback in line with the trend, and when there is a rebound during the pullback, exit.
Operation Suggestions
Spot : 90000-89000, target 85000-88000
Erbing: 3100-3000 Kong, target 2600-2900
(Personal opinions are for reference only, everything is subject to the actual market!)
#BTC #ETH