#大户持仓动态 Nighttime $BTC and $ETH Technical Analysis

Bitcoin's recent trend is very clear—bears are in control. From the daily chart, it has fallen from the high of 94635 down to around 87177, with a significant drop on December 17 accompanied by high trading volume, further confirming the strength of selling pressure.

Looking closely at the 4-hour chart, support is at 85138.95, and resistance is between 92320 and 94635. The 1-hour chart shows the price fluctuating between 86810 and 87177, with trading volume remaining moderate.

If shorting in the range of 87000 to 90200, targets could be set at 85200 and 84500. This approach is still viable.

ETH's situation is similar, with the daily chart also showing a clear downtrend. The price has fallen from 3318.92 on December 9 to 2857.4 on December 19, a significant decline. Resistance is tightly held at 3030.75 and between 3000 and 3030, while support is at 2790.58 and between 2800 and 2820. Looking at volume, volume increases during declines and decreases during rebounds, indicating buying momentum is somewhat weak.

Shorting in the resistance zone of 2940 to 3100 is more reliable, with take-profit targets around 2790 to 2800.