Thoughts on the market in the early morning of December 23, #BTC资金流动性

The short-term long position idea presented earlier has perfectly countered the bears. With Christmas approaching this week, market sentiment has decreased significantly, trading volume is light, and price fluctuations are limited. Yesterday, as a traditional high-volatility day on Monday, Bitcoin clearly stalled near 90600. This position is not simple—it's an important resistance level in the past half month, the upward momentum is sluggish, and the bulls are severely lacking in strength, ultimately failing to break through effectively. Therefore, in the short term, we still need to guard against the possibility of range-bound fluctuations.

Looking at the daily chart, a series of bullish candles have emerged, breaking through the 90,000 psychological level, and the bullish pattern remains quite intact. On the hourly chart, it has been consolidating between 89,000 and 90,500 for a long time, and recently it has begun to rise slowly. The latest candlestick is a small bullish candle with a long lower shadow, and there is decent support below. In terms of technical indicators, the MACD on the hourly chart is still above the zero line, but the momentum bars are shortening, indicating that the bullish momentum continues but is clearly weakening; in contrast, the MACD on the daily chart is maintaining a golden cross, with momentum increasing. The RSI is interesting—on the hourly chart, it is at 65.26, which is close to overbought, indicating short-term pullback pressure; the RSI on the daily chart has exceeded 70, clearly in an overbought state, so caution is needed for high-position fluctuations or adjustments. The moving average system is straightforward, as both the EMA on the hourly and daily charts are aligned in a bullish formation, suggesting a medium to long-term bullish outlook.

On the comprehensive market, it is currently a situation of daily bullishness combined with hourly high-level fluctuations. In terms of operations, it is advisable to consider making high short layouts near the 90000 position, while keeping an eye on the support below. The most prudent choice is to adopt a fluctuation strategy of selling high and buying low.

$BTC 89500-90500 short position, target directed at 87500-86500
$ETH 3030-3070 short position, target pointing to 2950-2910