12.23

BTC
The curse of the 90,000 mark for BTC has not been lifted yet. Over the past 8 days, BTC has tried or broken through the $90,000 mark 6 times, only to be pushed back down. However, I still believe that in the upcoming Christmas market this week, as long as the US stock market maintains an upward trend, the strategy I shared yesterday is that as long as the position at 87,800 does not break, we can still look upward. Yesterday, it perfectly retraced to this position for a rebound, and then continued to drop to this level again. Furthermore, the intraday strategy is that as long as this position does not break, there is a chance to continue oscillating upwards. Therefore, during the day, it is highly likely that it will oscillate around the range of 87,800 to 90,000, with support at 87,800-86,000 and resistance at 90,000-92,000.

ETH
From the perspective of ETFs, Ethereum has been experiencing continuous outflows, with a net outflow of over 500,000 ETH in less than three months. This indicates that the investment sentiment among traditional investors is relatively poor. Currently, Ethereum is gradually approaching the zero axis on the daily chart, which suggests that a change in trend is becoming increasingly imminent. Moving forward, we need to pay attention to the hourly and four-hour positions; as long as it does not fall into the bearish territory, there is a chance to drive a breakout on the daily chart. However, we also need to be cautious not to break the 2969 level during the day. Therefore, in summary for the day, as long as 2969 holds, we still see a volatile upward trend, with support at 2969-2895 and resistance at 3060-3150.