December 23 midday BTC Ether operations and analysis

The morning's market trend showed a V-shaped movement, with fierce competition between the two sides. Overall, the strength of both sides is not significantly different, resulting in a balanced situation. BTC started its rise from 87872 in the morning, climbing all the way up to a high of 88904, but unfortunately failed to stabilize, subsequently pulling back to the 87738 line, and is currently hovering around 88000. Ether closely followed BTC's trend, bottoming out at 2961, and then surged over a hundred points, reaching a high of 3035, before retreating to the 2970 line, and is currently around 2980. In the morning, a bullish BTC strategy was initiated at 88408 and exited at 87837, unfortunately resulting in a loss of 571 points. Adjustments were made in a timely manner, reversing the position, and currently, this strategy is still being held.
From the four-hour level chart, it can be seen that currently, Qie Ge is running just below the middle track of the Bollinger Bands, and the three tracks do not have a clear direction for now, remaining in a sideways operation; however, in the MACD indicator, a critical change has occurred, with the double lines forming a death cross within the strong zone above the zero axis, accompanied by the exhaustion of upward momentum and the rise of downward momentum, indicating that the current situation is reversing; at the same time, the KDJ is accelerating downward in a downward arrangement, further indicating that the current market is about to be dominated by downward momentum.
In the case where the trend is about to reverse, we should follow the trend. It is recommended to carry out the Silk Road strategy of shorting on the highs in the midday operations.
BTC can be entered in the range of 88000—88500, with a short-term target of 87500 - if it breaks through effectively, then look at around 86500.
Ether can be traded in the range of 2970—3000, with a short-term target of 2950 - if it breaks through effectively, then look for around 2840.
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