#以太坊行情解读 Market Review for December 24

Bitcoin faced resistance levels that it couldn't break through and instead weakened accordingly. The fundamentals don't seem to show any particularly bright improvements, so the short-term outlook remains bearish. On the daily chart, pay close attention to trading volume movements. The weekly chart still shows a downward trend, and we need to wait for signs of stabilization.

Ethereum followed Bitcoin's correction, but also did not break through key resistance. The 2970-3020 range is very important; you can consider shorting at this level. The head and shoulders pattern on the daily chart has already appeared. Next, observe whether increased volume can confirm the pattern, but it may need to consolidate for a while longer.

Short-term Trading Window

$BTC: Both the 1-hour and 4-hour charts are not in healthy zones, and the daily chart is similar. Today's market is expected to be sideways, with support at 86000-87000 and resistance at 88000-89000.

$ETH: Same situation, with the 1-hour, 4-hour, and daily charts all showing weakness. The intraday trend remains sideways, with support at 2850-2900 and resistance at 2970-3020.