#美联储回购协议计划 12月25日 Market Observation: Bitcoin and Ethereum Price Trend Analysis

Bitcoin surged from 86,300 to 88,000, breaking a key resistance level, and has started to weaken. In the coming days, it is likely to continue fluctuating downward. In the short term, the bears hold an absolute advantage.

On the four-hour candlestick chart, the overall trend is a classic downtrend structure. The Bollinger Bands are widening and diverging downward, with the price being pushed down from the upper band, crossing the middle band, and continuing to probe lower along the lower band. The rebound space is shrinking; the MACD is forming a more pronounced death cross, with the green bars continuously releasing energy, indicating that the bearish force is still pouring out steadily. The bulls have little chance to counterattack. It is expected that the market will mainly consolidate weakly or even continue to test lower levels.

Specific suggestions——

**$BTC Operation**: Consider shorting if the rebound reaches the 88,100-88,900 range, with the first target around 87,000-85,500. If broken, continue to pursue lower.

**$ETH Operation**: Short near 2,970-3,030 on the rebound, with support levels at 2,890-2,750 below. If broken, continue to look for downside.

Market fluctuations are quite large; personal advice is for reference only. Trading should be cautious.