12.15 Monday Bitcoin and Ethereum Evening Analysis

When analyzing the current four-hour market trend, it is evident that the market has consecutively recorded three bullish candles, reflecting that the market is in a stable oscillating upward channel. It is gradually attempting to break through the resistance at the middle band of the Bollinger Bands. Although the Bollinger Bands show signs of narrowing overall, indicating that the market is still in a phase of energy accumulation and consolidation, and has not yet achieved an effective breakout of the oscillation range, the support below is relatively strong. The recent lows of the pullback are gradually rising, indicating that the market's focus is gradually shifting upward. Although the middle band still shows a slow downward trend, the price structure indicates that the bullish forces are gradually gaining the upper hand.

Further analyzing the one-hour trend, after experiencing a deep correction, the market has gradually warmed up and is now approaching the upper band of the Bollinger Bands. The rebound highs are continuously rising, showing a pattern of oscillating upward, characterized by consecutive small bullish candles. This gradual advancement with higher lows indicates that the buying strength in the market is increasing in an orderly manner, and bullish sentiment is gradually heating up.

Overall, the market is in a phase of consolidation, preparing energy for a future trend breakout.

Bitcoin recommendation: 88,800-89,100 Target 92,000

Ethereum recommendation: 3,000-3,070 Target 3,300