$XRP 12.3 Analysis and Trading Suggestions for Bitcoin and Ethereum on Wednesday Morning:

Reviewing the day, Bitcoin surged to a high of 87384 points before entering a phase of consolidation. In the afternoon, it dipped to a low of 86159, followed by another consolidation phase. In the evening, the trend turned upward, reaching a peak of 91253, successfully breaking yesterday's high. Ethereum rose to a day high of 2825 in the morning and maintained a volatile state, then fell to around 2780 in the afternoon, stabilizing and subsequently continuing to rise, reaching a maximum of 3026 in the evening. During the day, Bitcoin implemented a dual strategy of long and short positions, accumulating over 6200 points in profit, while Ethereum gained 210 points, resulting in an impressive overall performance.

From the four-hour chart perspective, after reaching 91253, the price faced resistance near the upper Bollinger Band at 91200 and fell back. Currently, it is fluctuating between the upper and middle bands, with the Bollinger Bands not showing a significant opening, and bullish momentum has shown signs of weakening. The upper band resistance remains effective, and since the price did not hold its high position, there is a need for a correction. If it breaks below the middle band support, bearish momentum may gradually be released, likely approaching the lower band. Short-term bearish signals are gradually surfacing, and the one-hour Bollinger Band trend is flattening, with the price operating above the middle band but close to the upper band resistance. The gap between the upper and lower bands is narrowing, presenting a volatile pattern, and the risk of a breakout after the oscillation is increasing. The short-term rebound has not led to an upward opening of the Bollinger Bands, and the hourly chart has tested the upper band multiple times without success. If there is no strength to break through the upper band resistance, it is likely to test the middle band support downward. Once the middle band support is lost, the bears may dominate the market, pushing down toward the lower band, with an increased probability of bearishness after short-term oscillation. The early morning also provided a high short strategy.

Trading Suggestions:

Bitcoin: Short around 92500-92000, aiming downward to 90000, with a breakout extending to 88500.

Ethereum: Short around 3030-3000, aiming downward to 2850-2700.