On the daily chart, Bitcoin closed with another bullish doji candlestick, but after testing the 90,000 level (the intermediate resistance level), it retreated, forming an upper shadow pattern. The repeated attempts to break through this level have failed, indicating strong resistance. Support is at 87,000. Ethereum also retreated after testing the 3030 resistance level, with support at 2900. On the 4-hour chart, Bitcoin is still trading within the 90,000-86,500 range. After a second attempt to break 90,000, it began to fall. A break below 86,500 targets 84,500, and a break above 90,000 targets 94,500. Ethereum is also trading within the 3030-2900 range. After a second attempt to break 3030, it fell. A break below 2900 targets 2770, and a break above 3030 targets 3230. Currently, the market is trading within a range, and I believe the overall trend is bearish. My recommendation for further trading is to short at higher levels. Trading Strategy: Short Bitcoin at 88000-88500, target 87000-86000, stop loss above 89500; Short Ethereum at 2970-3000, target 2880-2780, stop loss above 3060. These strategies are time-sensitive; please refer to the homepage for details and receive private real-time guidance.
December 29th Bitcoin and Ethereum Trend Analysis and Trading Strategy!
2025-12-29 10:54:30
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