Those who bravely forge ahead in adversity will eventually see the dawn; those who wisely temper their strength in favorable circumstances will always remain steadfast. This afternoon's strategy was validated once again. My public suggestion to short Bitcoin and Ethereum with a long position proved successful. I advised entering a short position on Bitcoin around 90,000, and simultaneously on Ethereum around 3040. Currently, the position has been perfectly closed, with Bitcoin taking profit at 88,000 and Ethereum exiting at 2960. Bitcoin gained over 2000 points, and Ethereum gained over 80 points. Early positioning and precise entry are key to success. These successes are inseparable from early positioning and planning. The recent market conditions are excellent, a result of our fundamental strategy. I look forward to everyone joining me in this journey of mutual progress. From the current market perspective, the 4-hour chart shows that Bitcoin is still in a three-day downtrend correction phase, with the three Bollinger Bands showing signs of simultaneous decline. Moving averages and technical indicators are strongly biased towards weakness, and the downtrend remains unchanged. Looking at the 1-hour chart, Bitcoin continues its downward trend with consecutive declines, showing no signs of a short-term rebound. The market remains dominated by downtrends, with the middle and lower Bollinger Bands continuing to decline. The current trend remains unchanged. The MACD fast and slow lines are above the zero line but turning downwards, with the DIF crossing below the DEA to form a death cross and the red histogram showing increasing volume, indicating that the short-term trend will continue. Therefore, I suggest continuing the afternoon strategy of focusing on rebounds to higher levels. Bitcoin can be bought around 87500-88000, with a target of 86500-86000. Bitcoin can be bought around 2940-2970, with a target of 2880-2850.
Bitcoin and Ethereum Evening Trading Recommendations and Future Trend Analysis: 12/29
2025-12-29 13:45:06
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