The current market, frankly, is bouncing between 85,000 and 88,000. Consolidation and volatility are nothing new, but for short-term trading, this actually presents opportunities. My approach is straightforward: look short when approaching 88,000, look long when approaching 85,000, and take profit after gaining around 1,000 points. On Christmas Eve, during the European and American trading hours, volume is naturally light, so there's no need to force trades. Before Friday, I expect this kind of oscillation to continue.
From the market data, Bitcoin's daily chart has been declining recently, with many bearish candles, indicating overall weakness. The hourly chart has been oscillating around 87,000, with decreasing amplitude, giving a sense that a breakdown might be imminent. MACD is below the zero line, with DIF and DEA both negative, indicating a still bearish pattern, but the green histogram is shrinking, hinting at a potential stabilization. RSI is at 44, not yet in oversold territory, and market sentiment is between neutral and slightly bearish.
My plan: $BTC Go long in the 86,200-87,200 range, targeting 88,200-89,200 $ETH Go long in the 2,880-2,910 range, aiming for 2,970-3,000
In simple terms, buy low and sell high—don't expect to master the entire market. During periods of low liquidity, risks are higher and rewards smaller. Taking profits promptly is more important than anything. In the days leading up to the weekend, seemingly calm markets often hide uncertainties, so caution is advised.
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ReverseFOMOguy
· 7h ago
Talking excitedly about 1000 points again, do you really think that's a bargain?
Buying low and selling high sounds easy, but do you have any idea where the liquidity went on Christmas Eve?
This level at 87,000 can't be broken no matter what, it feels like either a sharp drop or just lying here like this.
Still hoping for MACD to stabilize? I think there's an 80% chance it's a false signal, and then a single bearish candle will bring it back to its original state.
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WhaleSurfer
· 7h ago
Christmas Eve trading volume is light, this wave of market movement is indeed boring, better to be cautious.
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Buying low and selling high repeatedly—can this old trick really make money?
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Entering long at 86200, what if it breaks through directly, is your stop-loss set properly?
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Always say you’ll take profit after earning 1000 points, but when the time comes, aren’t you still greedy?
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After such a long sideways movement, it feels like it’s about to hit bottom, be careful.
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MACD green bars are shrinking? Honestly, I don’t really trust this signal; it needs to be confirmed with trading volume.
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Your rhythm is pretty much the same as mine, just worried that the platform might suddenly cause trouble.
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Before Friday, it’s still swinging; if it suddenly explodes then, it won’t be fun anymore.
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ETH is a bit weak this wave, would you really dare to buy the dip at 2880?
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Talking about the importance of taking profit, then turning around and chasing high—this bad habit needs to be fixed.
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PumpStrategist
· 7h ago
This sideways movement indeed tests patience, but your 1000-point target is a bit conservative... My logic is the same, it all depends on who can catch the moment of breakdown.
The detail of the shrinking green bars is good, indicating that the bears lack momentum, but with RSI at only 44, only warriors dare to go all-in.
Christmas Eve's light liquidity actually hides opportunities; big players are most likely to lay ambush at this time.
Wait, you didn't provide liquidity data to support this... Without seeing the chip distribution, making a move so easily is typical of rookie thinking.
The pattern is formed; now it depends on whether Friday will be a pullback or a breakout. I bet on a downward breakdown.
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AlwaysMissingTops
· 7h ago
It's that same strategy of buying low and selling high again, sounds easy to do but hard to actually execute.
Come on, do I still need to watch the market on Christmas Eve? I'm just going to sleep.
Entering at 86,200 feels like getting trapped in this wave; sideways trading is the most annoying.
Taking profit at 1,000 points and then leaving—greed is the real cause of failure.
When liquidity is poor, I never move; I end up losing more.
View OriginalReply0
DaisyUnicorn
· 7h ago
It's the same old tune of buying low and selling high. Will this time bring a sweet reward? Even the flowers are waiting to wither.
#美联储回购协议计划 December 25 Morning Market Observation
The current market, frankly, is bouncing between 85,000 and 88,000. Consolidation and volatility are nothing new, but for short-term trading, this actually presents opportunities. My approach is straightforward: look short when approaching 88,000, look long when approaching 85,000, and take profit after gaining around 1,000 points. On Christmas Eve, during the European and American trading hours, volume is naturally light, so there's no need to force trades. Before Friday, I expect this kind of oscillation to continue.
From the market data, Bitcoin's daily chart has been declining recently, with many bearish candles, indicating overall weakness. The hourly chart has been oscillating around 87,000, with decreasing amplitude, giving a sense that a breakdown might be imminent. MACD is below the zero line, with DIF and DEA both negative, indicating a still bearish pattern, but the green histogram is shrinking, hinting at a potential stabilization. RSI is at 44, not yet in oversold territory, and market sentiment is between neutral and slightly bearish.
My plan:
$BTC Go long in the 86,200-87,200 range, targeting 88,200-89,200
$ETH Go long in the 2,880-2,910 range, aiming for 2,970-3,000
In simple terms, buy low and sell high—don't expect to master the entire market. During periods of low liquidity, risks are higher and rewards smaller. Taking profits promptly is more important than anything. In the days leading up to the weekend, seemingly calm markets often hide uncertainties, so caution is advised.