December 15th midday Bitcoin and Ethereum trading suggestions and outlook

From the current market situation, the 4-hour timeframe shows that after yesterday evening's continuous decline, Bitcoin found support around 87,500. Currently, it is rebounding and stretching towards around 88,900, oscillating up and down. The break above the previous support level of 89,000 has not stabilized, indicating an expanding pattern. The three-trend lines have slightly changed their trajectory. On the 1-hour chart, Bitcoin appears to be in a slightly strong oscillating pattern. After stabilizing at a key support level in the short term, it is rebounding. Last night’s bearish candle was accompanied by a long lower shadow, indicating strong short-term buying support and a rebound demand. From a technical perspective, the MACD: DIF and DEA are below the zero line, with the MACD histogram at -6.8, suggesting short-term buying pressure is dominant, but the narrowing histogram indicates weakening selling pressure. The KDJ: The KDJ values are low, forming a low-level golden cross, increasing the probability of a short-term rebound. The short-term trend shows two consecutive bullish candles breaking through the middle band of the Bollinger Bands. If this rebound continues, the probability of extending the upward move increases. The two coins (Ethereum and Bitcoin) are moving in sync, with significant correlation. Overall, the market is in a consolidation phase, with short-term technical signals indicating a rebound. Therefore, midday trading suggestions mainly focus on buying on dips.
Buy near 88,000 to 89,500 for Bitcoin, watch for 90,000
Buy near 3,100 to 3,070 for Ethereum, watch for 3,200