Wave Chasing in the Cryptocurrency Sea: 12.26 Cryptocurrency Market Bitcoin (BTC), Ethereum(ETH) Latest Market Analysis and Insights

Wave Chasing in the Cryptocurrency Sea: 12.26 Bitcoin (BTC) Market Analysis Reference:
Last night, Bitcoin rebounded and surged to touch the 88500 level. The selling pressure caused by resistance above began to ease, but the price failed to stabilize effectively and subsequently entered a decline channel. The article from yesterday clearly pointed out that BTC is likely to continue its short-term oscillation pattern of “testing resistance—meeting resistance and falling back—weak rebound.” From the actual trading trend, this forecast has been perfectly realized. As of the time of writing, BTC is quoted at $87,300.
From the daily chart perspective, BTC remains within a consolidation range, with candlestick patterns continuing the recent narrow oscillation characteristics. The price is trading between the lower and middle bands of the Bollinger Bands and is under pressure from the EMA moving averages; the MACD indicator’s fast and slow lines are still below the zero axis, and although the green bars on the daily chart have not significantly expanded, they still indicate that the medium-term downward pressure has not eased, showing a generally weak trend.
From the short-term hourly chart, at the 4-hour level, the long lower shadow features from previous periods still persist, indicating strong support below. This rebound has strongly broken through the middle Bollinger Band resistance but has not stabilized, and each rebound is accompanied by shrinking trading volume, highlighting a lack of bullish momentum. On the technical indicator level, the MACD histogram is shrinking, and the fast and slow lines are forming a death cross below the zero axis. The KDJ indicator’s upward divergence momentum is weakening, suggesting limited short-term rebound space, with a possibility of further decline testing support levels.
Wave Chasing in the Cryptocurrency Sea: 12.26 Short-term Bitcoin Reference:
Long position: Buy in the 85000-86000 range, with a stop at 84000, target 87000-88000,
Short position: Short in the 88000-89000 range, with a 500-point stop loss, target 87000-86000-85000,
Wave Chasing in the Cryptocurrency Sea: 12.26 Short-term Ethereum Reference:
Long position: Buy in the 2800-2850 range, with a stop at 2700, target 2900-3000,
Short position: Short in the 2990-3020 range, with a stop at 3150, target 2930-2850,
The article is time-sensitive and may have delays in delivery. The personal opinions expressed are for reference only. Do not operate blindly! I hope everyone can adhere to their principles regardless of how the market changes, stay rational and calm. Seize opportunities, make precise decisions, and ride the waves in the ocean of investment to harvest wealth and growth!!!#BTC #ETH