#BTC 12.4 Nighttime Bitcoin and Ethereum Market Analysis and Operational Suggestions

The four-hour chart shows a typical strong consolidation pattern, with prices steadily running within a clear ascending channel. Although there have been multiple short-term contests around the moving averages, prices have not broken below key support areas, indicating solid buying support below and a well-maintained trend structure. The current sideways consolidation at high levels is a brief tug-of-war between bulls and bears and has not damaged the overall upward momentum. As long as the moving average support zone remains solid, there is a high probability of another upward attempt towards higher levels.

Follow the official account 🀄: Shengdong Trend Theory

On the one-hour timeframe, the market has entered a narrow consolidation phase, with prices repeatedly consolidating near the middle Bollinger Band, showing clear signs of a shakeout. During short-term pullbacks, bearish candles have small bodies and the downward trend is narrowing, demonstrating the resilience of bulls. Although RSI and KDJ indicators are lingering at low levels, they have not formed a structure for accelerated decline, indicating limited bearish momentum; the current trend is more about energy accumulation before an upward move.

Ethereum’s trend is showing clear resonance with Bitcoin, maintaining a synchronized upward consolidation, with support gradually moving up and bullish sentiment in the market continuing to rise. With the overall trend intact, both are expected to break important resistance levels together and open up a new round of gains. The current consolidation can be seen as a healthy adjustment within the trend; holders can remain patient and wait for the bulls to gather momentum for another push.

At night, you can go long on Bitcoin around 92000, with a target of 94000.
At night, you can go long on Ethereum around 3150, with a target of 3250.#成长值抽奖赢iPhone17和周边 #十二月行情展望 #广场发帖领$50