12.27 Bitcoin Market Analysis Reference　　Bitcoin surged in the early morning yesterday, then retraced as expected, rebounding to above 89,000. The key resistance at 90,000 was not broken. In the evening, the price retraced again to around 87,000. Currently, the short-term price is consolidating, with both bulls and bears operating within the range. On the 4-hour chart, a long lower shadow appeared at 20:00 on December 26, with the price quickly rebounding from the low of 86,655, indicating strong support around 87,000. Although the daily chart closed below 87,500 for three consecutive trading days, it did not effectively break the previous low of 86,420, preliminarily forming a potential double bottom structure.

From a technical indicator perspective, on the 4-hour MACD, DIF and DEA are glued below the zero line (-91/-46). The daily MACD histogram has shrunk to 369, indicating that the short-term bearish momentum has weakened. However, the overall price remains under short-term moving average pressure, currently being pressed below the 4-hour EMA7 (87,643) and EMA30 (87,839). Meanwhile, the 120-day moving average (88,785) above forms a key resistance level. Overall, the short-term fluctuations are within the range, so Mr. Coin recommends trading around the range: short at the high, long at the low. Watch for resistance at 89,000 and support at 86,000. The range remains between 89,500 and 86,000. In terms of operation, consider shorting at the high and going long at the low, mainly aiming for rebounds and short positions.

12.27 Bitcoin Short-term Trading Strategy Reference: Short at 89,500-98,500 with a stop at 92,500, stop loss 500, target below 87,500; Long at 85,300-86,300 with a stop loss 500, target above 87,300.

12.27 Ethereum Short-term Strategy Reference: Light short at 2,995-3,045 with a 30-point stop loss, target below 2,950; Long at 2,881-2,831 with a 30-point stop loss, target above 2,930.

There may be delays in article delivery. Strategy suggestions are for reference only. The market changes rapidly. No matter how confident you are in your market judgment, always set proper take-profit and stop-loss to secure gains.