Gu Jingci: Trading was light on December 31st; the market is consolidating and awaiting a trend reversal.

Bitcoin/Ethereum short positions yesterday only saw a drop to around 87800 and 2940 before rebounding and exhibiting a volatile trend. Trading is thin, and the short-term trend remains unclear due to low year-end liquidity and institutional wait-and-see sentiment. The daily Bollinger Bands continue to flatten and narrow, indicating a narrowing price range and an impending directional decision. The four-hour chart shows short-term moving averages intertwined, suggesting a temporary balance between bulls and bears, with the market in a volatile state. Key support for Bitcoin today is the psychological level of 87000, with strong support at 86500; resistance levels to watch are 89500 and 90500, forming a crucial psychological barrier. Ethereum's movement is highly synchronized with Bitcoin, rebounding to around 3010 yesterday before falling back, currently hovering between 2900 and 3000, with continued low trading volume. Short-term resistance is concentrated in the 3000 and 3060 area, while support levels to watch are 2900 and 2860. Trading suggestions: Short Bitcoin around 88800-89300, target around 87000; Short Ethereum around 2980-3000, target around 2900. Our daily analysis and strategies have a high win rate and are readily available. However, these analyses and strategies are for reference only; please bear your own risk. Article review and publication are not timely; please refer to real-time information.