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#以太坊行情解读 Wednesday Bitcoin market observation
Yesterday's market was still the same routine — light trading, narrowed volatility, and no change in the weak oscillation pattern that has persisted for several days. Do bulls want to counterattack? The momentum is insufficient, and each rebound lacks energy. The key resistance level has not been effectively broken, which is the awkward situation we are in now.
The uniqueness of Christmas Eve cannot be ignored. The early closing of the U.S. stock market means that market liquidity will further dry up, and overall volatility is expected to remain in a low range. The choppy market is likely to continue, so don't expect a sudden directional big market.
From a technical perspective, the line at 86500 is holding quite strong. It has been tested multiple times without breaking, clearly becoming the most solid support at the moment. Looking upwards, 88800 is pressing down, making a short-term breakout difficult. Without a significant breakout, the short-term upward space remains questionable.
The trading strategy remains the same - make moves within this range. Sell high, buy low, and grind repeatedly.
Specific operation: Consider shorting in the range of 88500 to 89000, with a stop loss set above and a target aimed around 87000. Stay patient and manage your risks well.