#大户持仓变化 December 16 midday market quick read: Bitcoin and Ethereum are moving upward with rhythm

Let's talk about the current market situation. The four-hour K-line has already formed a classic reversal pattern with two bearish candles engulfing a bullish candle—that is, what does this mean? The bearish momentum is gradually depleting, while the bulls are beginning to stir. The price has held above a key support level, steadily pushing higher, with volume stacking up solidly—this signal couldn't be clearer.

The MACD is still below the zero line, the golden cross hasn't appeared yet, but the green momentum bars are already converging. Although the fast and slow lines are still trending downward, a flattening sign is emerging upon closer inspection. The bears are weakening, and the bulls are starting to gain confidence to test higher levels. The mid-term structure remains robust, and the upward trend is intact.

Looking at the one-hour chart, after the bottom was touched during the early morning dip, the price began oscillating between small bullish and bearish candles, gradually moving upward. The volatility range has narrowed, which precisely indicates that the market is gathering strength. Every pullback is met with buyers stepping in, showing no signs of fading bullish momentum.

Overall judgment: After confirming the key support, the market is steadily building momentum with a cautious stance, and the mid-term outlook remains optimistic. Continue with a low-buying strategy, follow the trend after consolidation, and don't forget risk management.

**Specific suggestions:**

Buy long around 85,200 for Bitcoin, targeting 87,000

Buy long around 2,920 for Ethereum, targeting 3,020

$BTC $ETH