#数字资产市场动态 December Market Quick Read: The Technical Battle Between BTC and ETH

Bitcoin this week has been a bit dull, with the Christmas holiday atmosphere making the market sluggish. Last week, it directly shorted to 90000 and 3050 levels, and brothers following the trend made a lot of money. This morning, there was another rebound, now hovering around 89000, are the bulls starting to rally again? But is this a rebound or a reversal? Retail traders are listening and thinking about chasing to 10K again. To be honest, recent market movements have been a repeated shakeout of longs and shorts, bouncing up and down, which is the easiest time to get caught with your pants down—don’t chase the highs, don’t sell the lows, otherwise, it’s very painful to get whipped back and forth.

From the weekly K chart, a small bearish candle with a lower shadow continues, and the Bollinger Bands are opening downward. The daily K broke through the middle band resistance, with a long upper shadow small bullish candle on Friday, and a doji star at the weekend. On Monday, the opening rally broke the deadlock, finally avoiding sideways consolidation. But MACD momentum is still not enough, although KDJ and RSI are turning red upward, the problem is—the upper Bollinger Band is opening downward, limiting upward space.

A large bullish candle appeared on the 4-hour chart, with the price breaking through the upper band, but the lower band is also moving downward, which is a typical sign of "pumping up and then crashing": pulling the price up while opening space below, reserving an escape route for subsequent drops. The intra-day operation is simple—don’t chase.

Since the price has already been pushed up, the early entry for longs has been missed. The current focus shifts to resistance levels, waiting for a high short entry opportunity.

**BTC Intraday Reference**:
Watch the resistance at 89500, 90500, 91500—short around these levels; support at 88000, 87000, 86000.

**ETH Intraday Reference**:
Resistance at 3030, 3080, 3130—participate in short positions; support at 2950, 2890, 2780.

A final idle remark: Greedy people can’t accomplish great things, and lustful people tend to be soft-hearted. Friendship relies on accumulation, love often comes suddenly. Others appreciate your sincerity, but you must control your indulgence. Reconcile with yourself, and opportunities will come naturally. Most traders grow like this—spending a lot of time in confusion, then suddenly growing through a few turning points.