Xiaoyao KOL: Bitcoin and Ethereum Afternoon Market Analysis 12.24

Yesterday, Bitcoin and Ethereum initially surged then declined, with the overall space looking decent. Currently, the daily chart shows the price continuing to decline, forming consecutive bearish candles. On the 4-hour chart, the price is showing a short-term weak consolidation pattern, failing to break through the previous high. The MACD histogram continues to expand with green bars, and the DIF and DEA are diverging downward, indicating that the selling pressure is dominant. On the daily chart, the MACD is also below the zero line, suggesting a bearish trend. The current price has broken below the EMA7 and EMA30 and is far from the EMA120. The moving averages are arranged in a bearish alignment, indicating strong short-term resistance. It is recommended to buy on dips at high levels within the day.

Operational advice: Buy on dips near 87400 to 88000 for Bitcoin, with targets at 86000-85000; buy on dips near 2950 to 2990 for Ethereum, with targets at 2880-2850. Market conditions are constantly changing. The article is time-sensitive. Traders entering the market should follow real-time guidance. #2025Gate年度账单 #加密市场小幅回暖 #Gate社区圣诞氛围感