From a technical architecture perspective, the current trend has entered a clear short-term correction phase. The main reason for this adjustment is the significant increase in volume at the weekly level during the breakout. Although the volume successfully propelled the price upward, the lack of a technical pullback after the breakout indicates that this correction is a normal technical adjustment and a release of intrinsic market demand. The daily chart still maintains a series of bullish candles, with the candlestick pattern showing a brief pause within an upward trend, not a trend reversal signal. The overall bullish pattern remains unchanged, and a high-level consolidation is likely in the short term. On smaller timeframes, the rebound after the correction is weak, effective support has not yet been confirmed, and a slight downward movement is still possible in the near future.
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BTC/ETH Sharing on Tuesday Morning, December 30th
From a technical architecture perspective, the current trend has entered a clear short-term correction phase. The main reason for this adjustment is the significant increase in volume at the weekly level during the breakout. Although the volume successfully propelled the price upward, the lack of a technical pullback after the breakout indicates that this correction is a normal technical adjustment and a release of intrinsic market demand. The daily chart still maintains a series of bullish candles, with the candlestick pattern showing a brief pause within an upward trend, not a trend reversal signal. The overall bullish pattern remains unchanged, and a high-level consolidation is likely in the short term. On smaller timeframes, the rebound after the correction is weak, effective support has not yet been confirmed, and a slight downward movement is still possible in the near future.
Buy in the 86,500-87,000 range with a target near 89,500
Buy in the 2,895-2,915 range with a target near 3,055
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