December 30th BTC/ETH Analysis:

The Federal Reserve added another 16 billion in liquidity to the crypto market this morning, which is a replenishment of liquidity through repurchase agreements via Bank of America, the second-largest liquidity injection post-pandemic. Do not mistake this for a sign of market recovery; this is not a buy signal. During the Christmas holiday season at year-end, institutional traders are on vacation, and trading volume is extremely thin. Only those in urgent need would consider quick-acting solutions!

BTC
Yesterday’s market movement was clear, with a rapid surge during the Asian session, followed by a typical false breakout pattern before the US market opened, with prices rising and then falling back. This is a classic trap to lure buyers, and the market ultimately reached our second support target around 8660, where it stabilized. From the current chart, the rebound momentum is extremely weak, with trading volume clearly shrinking. The BOLL channel is tightening simultaneously, and the short-term upward movement is consistently suppressed by the midline, making the overall trend weak. A secondary decline is inevitable, so trading should focus on high points.

Around the 8780-8830 range, with a target of breaking below 8660 to look at 8520-8440.

ETH
Around the 2952-2976 range, with a target of breaking below 2910 to look at 2886-2790.

Short-term trading should be flexible and adaptable based on your own position. $BTC