December 25 Morning Trading Suggestions

The current market has entered a technical correction phase after a decline. After a rapid drop on the four-hour chart, a clear sign of stabilization has appeared at lower levels, with bullish candlesticks recovering lost ground. The price has returned to a short-term moving average range for consolidation; however, medium-term moving average resistance still exists, and the major trend has not yet reversed effectively. Overall, caution is advised against potential pullbacks during the rebound.

On the one-hour chart, a gradual upward oscillation with higher lows is evident, with bullish momentum continuing to build. Trading volume has also picked up, indicating short-term bullish dominance. However, the price is approaching a key resistance zone. Whether the upward movement can continue depends on whether trading volume can sustain a breakout. Insufficient volume likely leads to range-bound consolidation.

Trading Strategies:
Bitcoin can be positioned long within the 87200-86700 range, targeting the 89000-90000 zone. If broken, hold further;
Ethereum is recommended to go long within the 2930-2890 range, with targets around 2990-3050. Strict position control and stop-loss measures are essential.