"12.25 Market Analysis: Christmas Gift, Scare, or Surprise?"

These days, the market remains largely unchanged; there are no significant movements overall, but market patience is running out. First, on the daily chart, you must understand that there is no consecutive candlestick downtrend here, so we are still in a consolidation range. Since the consolidation range has tested the support, resistance must also be tested, which would be the upper band of Bollinger. Combining the trend of moving averages, testing resistance within this range can also accompany a movement that pushes the price to the upper Bollinger band, then retraces to give time for the moving average to cross upward, forming a golden cross.
Therefore, the current trend on the daily chart indicates that a trend change is very close; the expectation of a rise still persists, and the hope of the bulls has not been completely destroyed.

$BTC Currently, on the 1-hour chart, Bitcoin is being resisted at 88000. If in the next closes it closes again above 88000, a support-resistance switch could occur, and the price could rise from here to resistance zones at 89100 and 90100. If it continues to decline, attention should be paid to supports at 85800 and 83600.

$SOL Sōzi has mentioned in recent days that the support at 121-120 has rebounded. If it drops back to 120, consider opening long positions at 118 or 115, as the support around 120 has already been tested once. The second time, it will likely make you feel worse by dropping even further. Resistance at 126, if not surpassed, makes a strong upward move difficult.

$ETH Regarding Ethereum, supports remain at 2835 and 2730. Also, pay attention to resistance at 3015-3020, and if it rises further, resistance at 3150.

In summary, the trend on the daily chart is just taking time, but it is not yet time for a collapse. Predicting a fall at this moment would not be logical. The upward movement can arrive in different ways; it is still unknown whether it will be a direct impulse or a fall to capture liquidity followed by a quick rebound; this is up to the market. If you do not understand the market or cannot determine the direction, we invite you to join the Boss community. Click to join the Boss community (Follow him for daily market analysis and precise entry points; buy and sell ideas are for reference only ).