#BREAKING 「Buddy」 #Ethereum Long Liquidation over $230,000, Liquidation Price $2,866.48 #Bitcoin $BTC

Beijing time on the 25th morning, let's take a look at the performance of ETH in the secondary market over the past couple of days. Ethereum has been oscillating between 2880 and 2980 recently, with a very obvious sideways trend. From the four-hour K-line chart, all three lines of the Bollinger Bands are parallel and downward pressure is evident. The price has been stuck below the middle band for a long time. What does this mean? — If a rebound is to happen later, it must stabilize above the middle band to be valid; otherwise, it might drop further. But there's good news: the short-term moving averages on the four-hour chart are starting to turn upward. Once a golden cross forms, it may attempt to test the resistance around 2970. Currently, the price is swinging between the 5-day and 30-day moving averages. Looking at the 1-hour chart, the situation is a bit more complicated. Although the price is above the middle line of the Bollinger Bands, it is being firmly pressed down by the 5-day moving average and has not broken through effectively. If another attempt fails again, it will need to move downward. Notably, the 1-hour Bollinger Bands are also running parallel, and the 5-day moving average shows signs of turning downward. The price is fluctuating between the middle band and the short-term moving average. Switching to the daily chart, it becomes even clearer. The price has been below the middle band for many days, so the middle band line has become a strong resistance level. The short-term moving average on the daily chart is turning downward, and although the 30-day moving average above has been tested multiple times, it has never been effectively broken. The overall trend still appears to be downward, with short-term support around 2880. Looking at the MACD performance: on the four-hour chart, the two lines are parallel below the zero axis, with the fast line below the slow line, indicating that the bearish momentum is gradually weakening. On the 1-hour chart, the two lines show signs of crossing above zero, but the bullish momentum is also waning, suggesting both sides lack strength. The RSI indicator is in a normal trading range, between 67 and 65. In summary, the market is in a sideways consolidation phase. **Resistance levels**: 2980, 3080, 3240 **Support levels**: 2870, 2790, 2620 **Bearish strategy**: Short near 2980, add to short at 3080, and decisively cut losses if it breaks above 3240. **Bullish strategy**: Go long at 2870, add positions at 2790, and cut losses if it falls below 2620.

December 25 Morning Market Summary BTC experienced a full cycle of movement last night. Initially dropping to around 86,300, it then rebounded and oscillated, reaching a high near 88,000 before beginning to retrace. Currently trading around 87,600. Technical Analysis From the 1-hour chart, Bitcoin's price has fallen from the upper Bollinger Band back toward the middle band. The three lines of the KDJ indicator have formed a clear death cross and are moving downward; the MACD momentum continues to shrink, indicating that the upward momentum is gradually weakening. This combination of signals suggests that there may be high-level resistance in the early morning. Trading Strategy **BTC**: Look for short opportunities in the 88,000-88,500 range, with targets down to 87,000-86,200. This zone has some support significance and is worth paying attention to. **ETH**: Consider short positions around 2,960-2,990, with support targets at 2,910-2,880. Ethereum currently shows similar signs of high-level resistance. The market still needs to closely observe whether it can break through effectively, and caution should be exercised with each attempt.