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December 26th Bitcoin / Auntie Empress Market Outlook: Rebound is a High-Altitude Opportunity to Send Money
From the four-hour trend, Bitcoin has shown two consecutive bullish candles after breaking through the middle band, followed by a rapid pullback. Currently, it is in a stalemate consolidation phase between bulls and bears. Although there is a short-term rebound correction, the price remains trapped within the triangle range. In the absence of significant positive news, the overall downward trend has not changed; the rebound is merely a second opportunity for bears to re-enter.
On the hourly chart, after a large bullish candle, there was a brief buying surge, followed by a medium-sized bearish candle that swallowed most of the gains, bringing the price back near the middle band. The support at the middle band has not been effectively broken, but the KDJ indicator is weakening, and the MACD histogram has shifted from red to green, all signaling a strong top-reversal. Breaking below is only a matter of time, and the short-term outlook remains bearish.
Trading Suggestions:
• Bitcoin: Short positions in the 88200-88700 range, targeting 86200-86700.
• Ethereum: Short positions in the 2950-2980 range, targeting around 2850.