December 29 Afternoon Bitcoin and Ethereum Trading Suggestions and Direction Sharing

From the current market situation, the 4-hour chart shows that although Bitcoin briefly broke above the 90,000 level during midday, it did not stabilize. A large bullish candle clearly indicates strong buying momentum. Currently, the price is oscillating around 89,800. In the short term, the market is dominated by bullish candles, entering a correction phase. On the 1-hour chart, after breaking above the upper band near 90,373 and facing resistance, the price gradually declined. The middle and upper bands continue to rise, with the real body candles accompanied by obvious upper shadows, indicating strong selling pressure. According to KDJ, after an initial breakout, the price retraced below 90,000, showing no immediate rebound and exhibiting a typical stagnation trend with a potential downward turn. The bullish momentum may intervene to open a correction trend. Therefore, afternoon trading suggestions focus on buying the dip during rebounds.
Bitcoin around 90,000–91,000 can be bought, with attention to 87,500.