12.20 Saturday Bitcoin and Ethereum Morning Analysis

On the hourly chart, the short-term rebound momentum seems to have weakened, and the upward driving force is clearly insufficient, indicating that the market's bullish sentiment is relatively low. Therefore, it is expected that the short-term market trend will mainly fluctuate and adjust. Above key support levels, investors can continue to adopt a cautious and optimistic approach. However, if the support levels below are significantly broken, caution should be exercised as the market may experience a substantial correction.

Here, we need to remind investors that it is not advisable to rush into bottom-fishing at this stage. The market has not truly bottomed out yet, and blind entry may result in being trapped at a high point.
Bitcoin recommendation: 88,300-88,600 Target: 86,800
Ethereum recommendation: 2,990-3,010 Target: 2,850
#BTC #ETH #BNB