December 30 Morning Bitcoin and Ethereum Trading Suggestions and Direction Sharing

From the current market situation, the 4-hour chart shows that Bitcoin is consolidating at a low level with sideways movement. The midnight rebound reached around 87,950 before pulling back, indicating a generally weak trend. This aligns with our high-altitude trading idea from last night. If you are already in a position, you may take some small profits. On the 1-hour chart, Bitcoin is currently rebounding with two consecutive bullish candles, but the overall rebound is small and cannot be considered a reversal. The three moving averages continue to decline, with MACD, the fast and slow lines, above the zero line and turning downward. DIF crosses below DEA, forming a death cross. The red energy bars continue to expand, indicating a weak trend. Overall, the current trading trend is still weak. Therefore, this morning, it is recommended to continue with last night’s strategy of buying on dips, with a stop loss set at the middle band around 88,000.
Bitcoin around 87,500 to 88,000 can be bought on dips, watch for 86,000.
Ethereum around 2,950 to 2,980 can be bought on dips, watch for 2,850.