#BTC资金流动性 December 23 evening BTC/ETH market observation notes

Predictions are not always accurate, and the market does not operate according to a single logic. The layout ideas in the morning deviated from the actual trend — the current price orders and real trading operations provided in the live broadcast both encountered losses.

In retrospect, the morning judgment was based on the rise after the opening of Asian stocks, but the cryptocurrency market did not follow suit. Subsequently, global stock markets experienced fluctuations, tech stocks began to decline, and the cryptocurrency market adjusted accordingly. Fortunately, the support below did not break, and a rebound followed.

It is worth noting that in the evening, the initial value of the annualized quarter-on-quarter GDP for the third quarter of the United States and the initial value of the annualized quarter-on-quarter core PCE price index are yet to be announced. Although the market impact of such data is not as direct as that of non-farm payroll data, it is still necessary to be cautious of sudden changes in the evening layout.

**Technical Analysis**

Currently shifting to a bearish outlook. From the 4-hour chart, the two bearish candles last night have pushed the price from the upper Bollinger Band to the middle band, and today there are two consecutive bearish candles testing the key support below. According to the rhythm of this testing, the possibility of a slight rebound is relatively high, so it is advisable to strategically enter positions on dips.

**Data Interface Prompt**

If the evening data is released as expected, it usually constitutes a positive factor for the dollar—an appreciation of the dollar often accompanies selling pressure in the crypto market. However, the specific performance still depends on market reactions; here is a reference for a bearish mindset.

**Layout Suggestions**

$BTC: Short at the 88000-88500 range, targeting 86500.
$ETH: Follow the trend of mainstream coins, you can place short positions in the 3000-3030 range, with a target down to 2880.