Operational Suggestions and Direction Sharing for Bitcoin and Ethereum at Midnight on December 8

From the current market situation, the 4-hour chart shows that after three consecutive bullish candles, the price attempted to break through the upper band but failed to stabilize, resulting in downward pressure. Currently, bearish candles are dominating the situation, and the price is running below the upper band. The Bollinger Bands are showing signs of contraction, and all three bands are flattening, indicating that the market may enter a short-term consolidation range. The MACD has not changed significantly; the two lines are still below the zero axis and have formed a golden cross turning upward, with the green energy bars continuing to increase, suggesting that the short-term bullish trend is likely to continue. The 1-hour chart shows that after testing the high, the price failed to break through and is facing resistance, with short-term upward pressure remaining. The price is currently at a critical point for bullish continuation, indicating short-term consolidation, but the mid- to long-term trend is still bullish. Therefore, use the middle band of the Bollinger Bands as the trend watershed: if the price holds above the middle band, look for bullish opportunities; if it falls below, it may open up downside space. ETH is moving in sync with BTC, showing significant correlation, so no further emphasis is needed here. Lao Zhao's midnight operation suggestion is to use the middle band as support and set up long positions above it, with stop loss set just below the middle band at the 91,000 level.

BTC: Long positions can be considered around 91,400–91,000, watch for 92,500.
ETH: Long positions can be considered around 3,140–3,110, watch for 3,200.
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