December 24th, Tuesday's Bitcoin and Ethereum Trading Strategy Analysis:

The current market shows a significant bearish trend, with multiple unfavorable technical signals. Specifically, the 3-day MACD has formed a high-level death cross, and the daily chart has shown three consecutive days of small bearish candles, all indicating downward pressure in the market.

With Christmas and the Spring Festival approaching, market liquidity is tightening, and investor risk aversion sentiment is clearly rising. In this context, special attention should be paid to the support level of Bitcoin at 92,000 during the midnight trading session. If this support level is effectively broken, the price could quickly decline to around the 90,000 mark.

This support level is crucial for a short-term rebound. Once it is lost, bearish forces will further strengthen, and the likelihood of Bitcoin's price dipping to 88,000 will significantly increase. On the daily chart, the price has fallen below the middle band and continues to decline, and the long lower shadow has not triggered a rebound, further confirming the bearish trend. On the weekly chart, a bearish engulfing pattern of one bearish candle consuming three bullish candles has exacerbated the bearish pressure.

Recommendation:

Bitcoin can set short positions in the range of 95,000-95,500, targeting 92,500-92,000.

Ethereum can set short positions in the range of 3,350-3,380, targeting 3,300-3,250.

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