The public strategy from yesterday also had to take a hit. Let's talk about this week; with Christmas coming up, it's estimated that the market won't stir up too much turbulence. You see, even the usually most active Monday was soft and weak yesterday, trying to push upward but always lacking the strength.

At the position of 90600, it has been like a hurdle for more than half a month, and the bulls have tried several times but have not been able to overcome it. Since it didn't break through yesterday on Monday, it is estimated that this week will continue to be in a state of fluctuation.

To be honest, if I had pushed a bit faster and harder yesterday, I might have looked at it from a higher perspective. But with such a lukewarm performance, it’s clear that the momentum is lacking and the pressure hasn’t broken through.

So next, I prefer to look for opportunities to short around 90,000. If it can't go up, then we look down. The market can be tough, so we will patiently wait for the right position, not in a hurry.

What to do next, what to do today, let's analyze from the daily and four-hour charts.

Daily level
After a continuous rise, the price stood at 90,000 yesterday, showing a strong overall trend. The daily MACD maintains a golden cross upward, indicating that the upward momentum is still present. However, it is important to note that the daily RSI has exceeded 70, entering the overbought zone, which may lead to short-term pullback pressure.

Four-hour level
After the breakout, there was no direct pullback, but rather a consolidation between 89000 and 90500. The four-hour MACD is still above the zero line, but the red bars are starting to shorten, indicating that the upward momentum is weakening in the short term. The four-hour RSI is around 65, which is not severely overbought, but it's not low either, so a short-term digestion of the gains is needed.

The moving average system is currently in a bullish arrangement, with prices standing above all short-term moving averages, indicating a relatively obvious support.

Although the trend is still upward, the short-term increase has been a bit too rapid, and there may be a technical pullback. In terms of operations, don’t rush to chase highs; it's better to wait for a pullback to the moving average or support at previous highs before considering entry. Remember to manage risk.

Ayou's 12.23 pancake operation strategy:

1. 90788-90100 empty, stop loss above 92001, target 88488-87488

2. 87488-88499 more, stop loss below 86488, target 90000-90788

Ayoo 12.23 Ethereum Operation Strategy:

1. 3101-3061 is empty, stop loss above 3151, target 2999-2961.

2, 2948-2988 more, stop loss below 2888, target 3040-3101

The above analysis and strategies are for reference only. BTC, ETH, BTAT, ZEC, LUNA, FIL, SOL, XRP, BCH, BNB, and FHE currently also have analysis guidance, feel free to communicate at any time】#BTC #ETH走势