#美联储回购协议计划 Early morning glance, the crypto market is still lingering in the Christmas holiday atmosphere. Liquidity has noticeably shrunk, with trading volume nearly halved compared to usual. This is a typical holiday market—low volume consolidation with no clear direction.



To be honest, BTC and ETH have both been quite "obedient" these days—watching large orders closely. Bitcoin is currently hanging around $87,300, having dipped to $86,375 yesterday. Resistance is at $88,000-$88,500, with a strong pressure at $90,000. Support levels are at $86,000-$86,500; if broken, then look at $84,500-$85,500. The daily MACD has already formed a death cross, indicating short-term bearishness.

Ethereum is similar. The current price is $2,940, having surged to $2,976 yesterday. The resistance zone is between $2,970 and $3,000, with $3,050 being a hard ceiling. Support is at $2,880-$2,900; if broken, then look at $2,750-$2,800. Same bearish signals apply.

With year-end options settlement and institutional exits, short-term volatility is bound to increase. Instead of betting on the direction, it's better to trade lightly—sell high, buy low, but always set stop-losses properly; that’s the bottom line.

Reference strategy:
- BTC: Short in the $87,900-$88,900 range, targeting $86,900-$85,900
- ETH: Short in the $2,970-$3,010 range, targeting $2,850-$2,890
BTC-0,08%
ETH0,21%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
fren.ethvip
· 3h ago
Holiday market is like this, bland and tasteless Another MACD death cross, tired of this routine Institutions are on holiday, no need to fuss, light positions are the most comfortable The 88,000 resistance is so tough, there's really no hope in the short term Breaking 2900 on Ethereum would be really painful, better to wait and see
View OriginalReply0
AirdropHunterXiaovip
· 12-27 00:39
Holiday market conditions are like this—institutions are on vacation, and retail investors are just messing around here.
View OriginalReply0
OfflineValidatorvip
· 12-27 00:18
Holiday market trend is like this, institutions have all fled, retail investors are trembling in fear
View OriginalReply0
AirdropChaservip
· 12-27 00:16
Holiday market trends are indeed boring; I'll just see if there are any opportunities for buying the dip.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)