December 27 Market Review

These past couple of days, the K-line has been oscillating, with Bitcoin stuck in a tug-of-war between 87,000 and 89,000. On the 26th, there was a large bearish candle with significant volume, which looked a bit fierce, but the price gradually stabilized afterward. From a technical perspective, the MACD remains below the zero line, with DIF and DEA both negative, so the bears still hold the upper hand. However, the green histogram bars are gradually shrinking, indicating that the bearish momentum is weakening.

How to position oneself?

First approach: For Bitcoin, consider buying around 87,000 to 87,300, targeting the 88,500 to 89,500 range.

Second approach: For Ethereum, look for opportunities around 2,900 to 2,920, with a target of 3,000 to 3,100.

Both directions have potential. The key is to manage risk carefully and wait for clear signals before taking action.