#数字资产市场洞察 Market Analysis in the Early Morning of December 24

During the early hours, the cryptocurrency market is exhibiting a typical narrow range oscillation pattern, with a balance of bullish and bearish forces, and no evident one-sided trend has been observed yet. Bitcoin is repeatedly fluctuating within the range of 87200-88200, currently close to 87600; Ethereum is following suit, operating within the range of 2900-2980, currently around 2960.

From the four-hour K-line perspective, the downward trend of the Bollinger Bands is still intact, with prices steadily operating within the downward channel. Multiple attempts to test the mid-track resistance level have been pushed back, indicating that the pressure at the top is still quite strong. The MACD double lines have completed a death cross at a high position, and the energy bars below the zero axis are expanding, showing a significant accumulation of bearish momentum. Looking at the hourly chart, Bitcoin has already fallen below the EMA7 moving average, and the RSI has formed a death cross above 50, which is a signal for accelerated downward movement in the short term.

From a comprehensive technical perspective, the market this morning suggests shorting at highs.

**Bitcoin Trading Strategy**: Consider entering a short position in the 87500-88000 range, with the first target at 86500. If it effectively breaks down, continue to look for 85500.

**Ethereum Trading Strategy**: You can place a short position at the price range of 2940-2970, with the first target at 2900, and if it breaks, lock in at 2830.

$BTC $ETH