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Yueying: Bitcoin and Ethereum Market Analysis for December 30th - Precise Long Positions Targeting an Imminent Turning Point

2025-12-30 08:58:17
Shareshare

The long position in Bitcoin at 86800 has only moved a little over 1000 dollars. Monday's price action saw another surge followed by a sharp drop. The daily chart shows the previous candlestick closing with an upper shadow, touching 90,000 but failing to hold before retreating again. Intraday, the price opened below the Bollinger Band's middle band and is consolidating. The Bollinger Bands are narrowing, with short-term moving averages hovering around the middle band. The MACD fast and slow lines are crossing upwards, with the volume bars fluctuating between decreasing and increasing. The KDJ is crossing downwards, and the VR indicator is consolidating around 80. On the four-hour chart, after being resisted at the EMA200, the price plunged back into its previous trading range. The Bollinger Bands are flattening, and short-term moving averages continue to hover around the middle band with signs of turning downwards. The MACD fast and slow lines have crossed downwards again, breaking below the zero line with increasing green volume. The KDJ is trending downwards with signs of turning, and the VR indicator is consolidating around 100. Overall, the market is performing as expected above, remaining in a range-bound consolidation. Although resistance was tested again, a breakout failed. Therefore, intraday short-term trading should continue within the 4-hour Bollinger Band range. Support is around 86000, and resistance is around 89000. See short-term recommendations. Bitcoin short-term recommendation: Long at 86500, Short at 89100. Ethereum's long position at 2908 was again precisely timed. The overall technical analysis should be referenced in conjunction with Bitcoin. The candlestick pattern is also within a range, so the short-term strategy remains unchanged: enter within the range and readjust after a breakout. It's worth noting that the main chart indicators suggest this consolidation may be nearing its end, so manage risk carefully before a breakout. Resistance is around 3030, and support remains around 2880. See short-term recommendations. Ethereum short-term recommendation: Short at 3018, Long at 2915 (Click the image to see the homepage introduction for more cryptocurrency analysis) — I am Zhou Yueying.

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