Xiaoyao KOL: Bitcoin and Ethereum Midday Market Analysis 12.2

Bitcoin's current 4-hour candlestick chart shows a sharp drop yesterday accompanied by a long lower shadow, followed by consecutive small positive candlesticks, currently in a weak rebound phase. In the 4-hour MACD cycle, both DIF and DEA are negative, but the histogram is shortening, indicating weakening upward momentum. The price is currently trading above the EMA7, but is constrained by the EMA30, while the EMA120 is still diverging downwards, indicating an overall bearish trend. The 4-hour trading volume has decreased significantly, reflecting limited rebound strength. Intraday trading recommendations are: Bitcoin around 87200-87800, with a target around 85000; Ethereum around 2820-2850, with a target around 2750. However, market conditions are constantly changing, and this article is time-sensitive. Those entering the market should refer to real-time guidance.