12.23 Morning Bitcoin Ethereum Market Analysis and Trading Suggestions

The current Bitcoin 4-hour cycle shows a clear bullish accumulation pattern. Although the market has experienced short-term fluctuations with several upward pressures followed by declines, each low point of the pullback is gradually rising, and the lower support remains solid without being effectively broken, indicating strong buying power during the market pullback. The price is currently operating above the middle band of the Bollinger Bands, and the entire Bollinger Bands are showing a tendency to converge upwards, indicating that the consolidation rhythm is gradually leaning towards the bulls.
Overall, the current trend is in a bullish consolidation phase, and the fluctuations are indeed a process of building momentum. While repeatedly testing the effectiveness of support, the market is gradually accumulating upward momentum. Looking ahead, we remain optimistic about a rebound based on the support below, and there is hope for a new upward offensive to form. In terms of operations, attention can be paid to layout opportunities in the support area on pullbacks, waiting for signals of a bullish breakout.
In the morning, you can go long on Bitcoin around 88000, aiming for 90000.
In the morning, you can go long on Ether around 2980, with a target of 3100.