Christmas Day market overall maintained a narrow range of 88000-87300 with oscillations. The daily chart closed with a doji candlestick and a hammer, currently showing a declining volume and a bearish signal. The MA moving averages are gradually trending upward, with attention to around 89200 above. The four-hour chart's hammer gradually decreased in volume, touching the middle band and facing resistance, with a focus on around 88000 above. The hourly chart's hammer turned into a shooting star, gradually moving downward, with support around 87000 below. The Thursday evening remains in a cautious stance; buying on dips is advisable.
Thursday evening open outlook: Bitcoin is trading around 87300-86800, with targets around 88800-89300. Altcoin (Ethereum) is trading around 2915-2885, with targets around 3000-3030. $BTC $ETH
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Christmas Day market overall maintained a narrow range of 88000-87300 with oscillations. The daily chart closed with a doji candlestick and a hammer, currently showing a declining volume and a bearish signal. The MA moving averages are gradually trending upward, with attention to around 89200 above. The four-hour chart's hammer gradually decreased in volume, touching the middle band and facing resistance, with a focus on around 88000 above. The hourly chart's hammer turned into a shooting star, gradually moving downward, with support around 87000 below. The Thursday evening remains in a cautious stance; buying on dips is advisable.
Thursday evening open outlook:
Bitcoin is trading around 87300-86800, with targets around 88800-89300.
Altcoin (Ethereum) is trading around 2915-2885, with targets around 3000-3030. $BTC $ETH