Daily analysis of the cryptocurrency market (12.03)

Summary:

1. The rebate has been fully distributed. If you have any questions, please leave a message in the comment area and I will reply.

2. In response to some of the voices that have appeared in the recent comment area, generally speaking, I don’t think there is anything wrong with my analysis of the last three issues.

3. I have been very busy recently, and I am slowly returning to the previous rhythm. The analysis may not be updated daily.

4. The US stock market may still surge. If the big cake surges to 97,000 in the evening and then falls again, then the 1h level decline has not been completed. Unless it is pulled above 98,500, it can be considered that there will be another 4h upward movement.

5. The current 4h level decline starting from 99,600 has not been completed, but it is almost completed. It should take about 1-2 days. Pay attention to the support of the daily level EMA30, the weekly level EMA5, and the 4h level EMA125. The best form is a false break and recovery at 90,800.

6. The next 4h-level uptrend may be the last 4h-level uptrend in this round of bull market, which will last until mid-December. Ether is the first choice for long positions.

7. In terms of spot, if you sell it in advance, don't think about taking it again, and wait patiently for the end of the bull market.

8. Next, it will start to go down in mid-December, and go down at the daily level until the end of January. If it falls back to below 74,000, the bull market will be completely declared over.

Operation:

1. $BTC short orders are closed at half of the 91500 line to protect the principal, and observe the rebound strength of the 91500 line. As long as the principal protection is not triggered, the remaining short orders will be sold when the price hits the daily level EMA30 (89900). The time is about Wednesday/Thursday.

2. $ETH goes long near the daily EMA15 (3475), and the long orders are held for at least 48 hours, or they are out at 3800.

3. Go long when $SOL falls back to the daily EMA60 (202). Hold the long position for at least 48 hours, or exit at 239.