December 29th Midday Bitcoin and Ethereum Trading Suggestions and Directions

From the current market situation, the 4-hour chart shows that the Bollinger bands are displaying a two consecutive bullish candles with a sideways upward movement, having broken above the upper band. The Bollinger bands are expanding, with the middle and upper bands showing signs of turning upward. Short-term volatility is increasing, and the upward trend continues. On the 1-hour chart, the bullish momentum is prominent, with the Bollinger bands expanding. After a quick rebound from the low around 87,400, the price formed a large bullish candle breaking through the upper Bollinger band, indicating a strong short-term upward momentum. The gap between the upper and lower bands is widening, and the price has broken above the upper band and moved away from the middle band, showing strong short-term bullish energy.

Looking at MACD, DIF and DEA maintain a golden cross, and the MACD histogram continues to expand, indicating that the medium to long-term upward trend remains unchanged. However, attention should be paid to short-term technical corrections.

Zhao Laoshi's midday trading advice is mainly to go short at high levels.

For Bitcoin, consider shorting near 89,000 to 89,500, with a focus on 87,000.
For Ethereum, consider shorting near 3,000 to 3,300, with a focus on 2,900.