Family! Who else was nervously watching the market this morning like I was? Raise your hand so I know I'm not the only one 'heart-pounding' while monitoring! The market this morning on December 23rd was even more thrilling than a roller coaster in an amusement park, with both bulls and bears playfully tugging back and forth, almost making me laugh—after all, it's the end of the year, and both sides want to boost their performance?
First, let me provide the core market updates for the brothers who haven't reviewed yet: Bitcoin surged from 87872 this morning, climbing step by step, reaching a high of 88904. I initially thought it would enter a 'northward trend' mode, but it couldn't stabilize and quickly turned down, hitting a low of 87738. Now it's hovering around 88000; the second coin is even more interesting. After hitting a bottom of 2961, it suddenly 'floored the gas pedal' and surged over a hundred points to 3035, but unfortunately, it lacked momentum and fell back to around 2980.
Let's talk some solid content, this is what you should really be looking at! Open the four-hour chart and let's discuss it slowly: First, the price is currently moving just below the middle band of the Bollinger Bands, and the three bands are now in a 'flat state', with no clear direction, temporarily consolidating sideways; but here's the key point, the MACD indicator has shown a crucial signal— the dual lines have directly formed a death cross in the strong zone above the zero axis! What does this mean? The previous upward momentum is nearly exhausted, and bearish momentum is quietly rising, with the market leaning towards bearish; looking at KDJ, it directly shows a bearish arrangement, and is accelerating downwards. With these two indicators combined, it can basically be determined: the market is likely to be dominated by bears next.
I also stepped into a small pit this morning, first following a wave at 88408, but ended up getting swept at 87837, losing 571 points, which hurt and made me quickly adjust my thinking and short again, and I'm still holding it. So the logic for the afternoon operation is very simple: go with the trend, don’t go against it!
Specific operational suggestions (for reference only, not investment advice): Bitcoin can find opportunities to short in the range of 88000-88500, with a short-term target of 87500. If this position can be effectively broken, then look down towards around 86500; for Ethereum, layout short positions in the range of 2970-3000, with a short-term target of 2950, and if broken, then look at 2840.
Lastly, to be honest, the market at the end of the year is inherently volatile, don’t expect to make a big profit all at once, strictly manage your take profit and stop loss! If you find my analysis useful, quickly hit follow, I will keep an eye on the market in real time this afternoon, and shout out new signals in the comments as soon as possible! If you also stepped into a pit this morning, or have other views, let’s chat in the comments, let’s stick together to avoid pitfalls! Follow me @链上标哥 , don’t get lost!
