December 29 Midnight Bitcoin and Ethereum Trading Suggestions and Directions

From the current market situation, the 1-hour chart shows that after a rally to 90,370, the price pulled back, forming a long upper shadow, indicating significant resistance around the 90,000 level. From a technical perspective, the KDJ indicator's three lines are in a low position and are still converging, without a clear golden cross or death cross. Short-term bullish and bearish momentum are tending to balance out. The RSI is below the neutral 50 line, indicating that the current bearish force is slightly dominant but not yet in oversold territory. The MACD shows signs of shrinking, suggesting that the downward momentum is weakening, but no clear reversal signal is present.
Short-term support level: the lower band is a strong short-term support. If broken, it could open further downside space to test the 85,000 level. Short-term resistance level: the middle band is the first resistance. After breaking through, attention should be paid to the previous high of 90,300.
Therefore, until a clear reversal signal appears, the midnight trading strategy should continue to follow the evening approach, focusing on trading below the middle band resistance.
Bitcoin around 88,000 to 88,500 can be longed, with attention to 86,500.
Ethereum around 2,950 to 2,980 can be longed, with attention to 2,860.
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