#BTC资金流动性 Midday analysis and trading ideas for Bitcoin and Ethereum on December 23

The morning trend showed a typical V-shaped rebound, with fierce competition between the bulls and bears, and a basically balanced power comparison. Bitcoin surged from the morning low of 87872 to a peak of 88904, but failed to hold the high, quickly retracing to 87738, and is currently looking for support around 88000. Ether followed the rhythm, rebounding from a low of 2961, rapidly climbing over a hundred points to a high of 3035, and then retreating to around 2970, currently stabilizing at the 2980 line. The long position in the morning was entered at 88408, with a stop loss at 87837, unfortunately being swept by a stop loss of 571 points, and then taking a short position, which is still being held.

From the 4-hour K-line perspective: Bitcoin's price is operating below the middle track of the Bollinger Bands, with no clear directional guidance from the upper and lower tracks, presenting an overall sideways consolidation; however, the MACD has shown a reversal signal — the double lines formed a death cross above the zero axis, accompanied by weakening bullish momentum, while bearish momentum begins to build up, indicating a shift in the situation; at the same time, the KDJ has formed a bearish arrangement and is accelerating downward, further confirming that the market is about to be taken over by bears.

Since the trend is expected to reverse, the trading strategy should follow the trend. In the afternoon, it is recommended to short on rallies.

Bitcoin can be shorted in the range of 88000—88500, with the first target pointing to 87500; if it effectively breaks down, continue to look towards around 86500.

Ethereum can be shorted in the range of 2970—3000, with the first target aimed at 2950. If it effectively breaks down, then look towards around 2840.

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