Market analysis on the evening of December 21, #数字资产市场洞察

Currently, Bitcoin is fluctuating around the key level of 3000. There are indeed signs of short-term overbought conditions, but don't rush to go bearish—when both volume and price are rising in sync, it often indicates that the strength of the trend should take precedence over adjustment signals. On the moving averages, the 5-day, 10-day, and 20-day are all aligned in a bullish manner, and the 20-day line coincides with the support zone, making the bottom defense quite solid.

The MACD golden cross is still expanding, and the Bollinger Bands have opened up, all these signals point in one direction: the upward momentum has not yet run out.

From a specific location:

The short-term support for Bitcoin is around 88300-87600. Once it breaks through, the next target should be to test the area of 89500-91000.

Ethereum's support is holding around 2990-2960. If it stabilizes there, it will attempt to break through the upper resistance of 3035-3070.

To be honest, when it comes to investments, adults ultimately rely on their own judgment and execution. There is no permanent support; it's the depth of your research and the effectiveness of your mindset management that truly provide confidence.

$BTC $ETH