Christmas and New Year double holidays overlap, and the market continues the quiet pattern before the festival, with slowed trading and insufficient participation of funds. Over the weekend, the market was mostly stalemated, with Bitcoin trading in a narrow range of 87,400-87,900, and Ethereum oscillating between 2,920-2,950, with no clear direction overall and obvious weak consolidation characteristics.

This morning, the market experienced a slight rebound. Bitcoin rebounded after testing the 87,400 support level and has now broken above the 90,000 mark; Ethereum recovered after dipping to $2,925 and is now stable around $3,040, showing a short-term rebound trend.

From a technical perspective, the short-term 4-hour and hourly MACD show gentle increasing bullish momentum, supporting the rebound. However, this round of upward movement faces dual resistance: the upper band of the 4-hour Bollinger and the middle band of the daily Bollinger form resistance, limiting the rebound space.

Due to the holiday effects, institutional fund activity is low, and market liquidity has contracted. The current range-bound oscillation is a reasonable trend. Traders should abandon trend-following thinking in the short term, focus on key support and resistance levels to seize swing opportunities, and strictly control position risks.
$BTC #ETH走势分析