#数字资产市场洞察 Market notes for the morning session on December 23

Looking at the daily chart, Bitcoin has indeed not disappointed in the past couple of days—continuously closing in the green, and yesterday it even broke the $90,000 mark. The pattern is very clear, and the bulls are in control. On the technical side, the MACD golden cross is still expanding, and the momentum bars are rising alongside, indicating a stable trend. However, the RSI has surged above 70, which is a bit overheated in the short term, so it may need to cool down. As for the moving averages, they are all neatly aligned from short-term to long-term, showing a well-structured bullish formation.

The 4-hour chart is more interesting. Although there were several oscillations during the process, the bottom of each pullback has been getting higher, indicating that there are indeed buyers stepping in below. The price is stabilizing above the middle band of the Bollinger Bands, and the tightening of the Bollinger Bands suggests that this wave of oscillation and consolidation is about to switch to an upward breakout.

On the hourly chart, the price has built momentum in the range of 89000-90500, then climbed step by step. Recently, this K-line has a long shadow below, indicating that buyers are quite strong there. Although the MACD is still above the zero line, the momentum bars show signs of shrinking, suggesting that the strength of the short-term upward movement is weakening; the RSI is currently at 65.26, and it seems to be approaching the overbought zone, indicating that there may be a pullback in the short term. Looking at the moving averages, the short-term 7 and 30 are still in a bullish arrangement, and the 120-period moving average is far below, providing strong support at the bottom.

Operation Reference:
$BTC: Consider going long around 88000-87500, targeting 90000-91000, with a stop loss below 87000.
$ETH: Consider going long near 2980-2960, target 3050-3080, stop loss around 2920.