#BTC对标贵金属的竞争格局 The policy stance of the candidate for the Fed chair has become the market focus. According to reports, the current president has made it clear: the future Fed chair should choose a rate-cutting policy during strong economic periods, and those with differing opinions will be excluded from leadership positions at the Fed. This statement has directly affected market expectations.

Looking back at the past two trading days, the short strategy has performed well. $BTC broke down yesterday, with a daily gain of nearly 4,000 points; $ETH showed a similar performance, with a drop of over 160 points. The precise long entry points have also not disappointed, currently yielding a small profit.

From a technical perspective, the daily chart of $BTC shows a long lower shadow bearish candle, and the Bollinger Bands are slowly narrowing. The price is operating below the middle band, the KDJ three lines are moving upwards but slowing down at high levels, and the MACD double lines have formed a golden cross upwards, although the volume performance is relatively weak. Overall, the trend is inclined towards range-bound fluctuations, but the recent highs and lows continue to rise, so it is not advisable to be overly bearish.

**Trading suggestion for December 24th - Long position layout:**

For $BTC, aggressive traders can position themselves in the range of 86500-87000, while conservative strategies should enter at 85500-86000, with a stop loss set around 84500. If it moves upward, the first targets are 88000-88500-89000, and after breaking through, continue to monitor the range of 89500-90000-90500-91000. If it breaks further, move the stop loss to lock in profits.

$ETH pulling back to 2900-2930 allows for bullish entry, with a conservative strategy centered around 2830-2860, defending at 2800. The upward targets are sequentially 2970-3000-3030, and if broken, continue to look at 3070-3100, with subsequent stop-loss adjustments based on breakout conditions.

**December 24th Operation Suggestion - Short Position Strategy:**

$BTC rebounding to 90500-91000 can be shorted, with a stop at 91500, a downward target of 89000-88000, and further looking at 87000-86500.

Short one hand on $ETH rebound at 3070-3100, with a stop loss at 3130, targeting sequentially at 3000-2970-2940-2900.

In addition, it is important to note that gold has risen more than 70% this year. In the context of ongoing instability in the international situation, the probability of a significant correction in the future is low, and risk aversion sentiment will continue to support precious metals.