12.29 Bitcoin Market Analysis Reference: Bitcoin has rebounded after a short-term pullback, with bullish sentiment slightly warming up. The price is approaching the 90,000 level, and the market has rebounded, breaking the two-day weekend consolidation. Early in the morning, bullish sentiment was relatively strong, and as of the time of writing, it continues to test upward. Currently, the high has approached the 90,000 resistance zone. If it breaks through and stabilizes above 90,000, the upward momentum is expected to continue for the day. Therefore, Mr. Coin recommends everyone to prepare in advance. The 4-hour chart shows consecutive bullish candles, indicating an imminent breakthrough of the key integer level at 90,000, demonstrating a strong upward structure. Meanwhile, on the daily chart, after forming a double bottom near 87,000, the volume has increased effectively breaking through the neckline around 88,000.

In terms of indicators, the 4-hour MACD's DIF line has crossed above the DEA line to form a golden cross, with the histogram continuing to expand; the daily MACD histogram has also turned positive. The price has firmly stabilized above multiple key moving averages such as EMA7 (88295), EMA30 (87915), and EMA120. Additionally, the short-term EMA7 has crossed above the mid-term EMA30, with the moving average system showing a bullish arrangement, further supporting the continuation of the upward trend.

The focus for the future is on whether the price can stabilize above 90,000. If it does, there is potential for further upward movement, with the next target around 91500. Support levels are at 88000. In terms of trading strategy, mainly consider buying on rebounds.

12.29 Bitcoin short-term trading ideas: Short positions at 92500-91500, with a stop loss at 94500, target below 90500; long positions at 88300-87300, with a stop loss at 500, target above 89300.

12.29 Ethereum short-term strategy reference: Light short at 3065-3125, with a 30-point stop loss, target below 3000; long positions at 2881-2931, with a 30-point stop loss, target above 2960.

The article may be delayed in delivery. Strategy suggestions are for reference only. The market is highly volatile. No matter how confident you are in your market judgment, always manage your take profit and stop loss well to secure profits.