Yueying: Bitcoin and Ethereum Market Analysis for December 29th - Monday saw another surge; the 90,000 mark is key.

Looking at the daily chart for Bitcoin, after a period of narrow-range consolidation over the weekend, the price opened higher today, testing the 90,000 level before encountering resistance and pulling back slightly. The Bollinger Bands continue to narrow, with short-term moving averages hovering around the middle band. The MACD fast and slow lines are trending upwards with increasing volume, while the KDJ indicator is crossing upwards and the VR indicator is consolidating around 90. On the four-hour chart, the early morning bullish candle broke through the upper Bollinger Band but encountered resistance around the EMA200 and is currently trading above it. Short-term moving averages are showing signs of turning upwards around the middle band, and the Bollinger Bands are widening. The MACD fast and slow lines have broken above the zero line again with increasing volume, while the KDJ indicator is encountering resistance near 100 and shows signs of turning downwards. The VR indicator is consolidating around 100. Overall, while the morning's rally was relatively strong, it didn't break through the resistance zone. In the short term, the resistance around 90,000 can be referenced first. If a breakout occurs, the focus should be on the resistance around the upper Bollinger Band on the daily chart. Support below is around 88,000. If this level is broken, the previous support level around 86,000 should be monitored. See short-term recommendations. Bitcoin short-term recommendations: Long at 88,500 (long at 86,800), Short at 90,050 (short at 91,800) (Take profits as needed). Ethereum's morning rally touched 3056 before a slight pullback, which aligns with the second resistance level of 3055 mentioned above. The overall technical picture is linked to Bitcoin. The four-hour candlestick chart also encountered resistance around the EMA200. The current pullback after touching resistance and closing with a bearish candle indicates that this high point is effective in the short term and can be referenced. If a breakout occurs, the resistance around the 60-day moving average on the daily chart should be monitored. Support below is around 2950, followed by 2880. See short-term recommendations. Auntie's short-term trading advice: Short at 3038 (Short at 3120), Long at 2975 (Long at 2908) (Click the image to see the homepage introduction for more currency analysis) — I am Zhou Yueying.