12/23 BTC/ETH Evening Operation Analysis
Both Bitcoin and Ethereum are showing a slow recovery pattern. Bitcoin rebounded from the 87200 line to around 87700, with a minor support forming in the 87000 area; Ethereum also has clear support in the 2900-2930 range. The technical indicators show that both have a bottoming structure on the daily chart, and although the weekly chart is slightly weak, a short-term pullback is not enough to change the oscillation towards a stronger trend. With Christmas approaching, market fluctuations are expected to be limited.
Operation Suggestions: Lay out Bitcoin in the range of 87300-87000.
Target above 89000.
Ethereum can be traded near 2930-2900.
ETHUSDT
Perp
2,956.15
-2.77%
BTCUSDT
Perp
88,000.2
-1.71%