12.10 As expected, there was a significant drop, everything went according to the script, and the rebound was quick.

As anticipated, after a significant drop, a rebound is bound to occur, which is very reasonable. Meanwhile, the market is developing according to its trends. Microsoft will release favorable news tonight regarding a vote on a Bitcoin purchasing plan, which is a stimulus from the news front.

In the short term, a desired rebound will occur, including the upcoming CPI data, and there will be gradual stimulation from news in the overall market within two days.

BTC Daily - 4 Hour Level Market Analysis

The technical aspect of Bitcoin has opened up overall space, after which it started to push down. Approximately around 94,000 and 90,000 is a significant threshold; if there are no issues, a small bull market may continue. If it breaks, a dangerous pullback is expected around 85,000.

From a larger perspective, the pressure is temporarily around 98,500 and 99,000. When nearing high positions, one can choose to enter short positions. The bottom support is approximately around 94,000.

BTC + ETH Altcoin Small Level Analysis

Ethereum has reached the target near 4,000, and after two days of continuous short position alerts, profits are now being realized. There may be favorable news emerging, so this round of market may have a considerable rebound strength; we are temporarily waiting for capital and news stimulation.

 The current drop in short-term levels has reached its target, with Ethereum's support position around 3,700 and resistance around 3,750. The strong downward trend continues, and the space is limited. The support position around 3,650 can be a try for long positions, but be cautious with stop-losses; any rise should still prioritize high short positions after a pullback.

 Bitcoin is similar, prioritizing high short positions after a pullback. The goal is to test previous resistance soon, but if favorable news appears tonight, there’s no need to bet on short positions, as a rebound up to around 99,500 is also reasonable.

As the year-end approaches, everyone should pay attention to risks and ensure they have sufficient funds for the New Year. Both contracts and leverage require careful risk control capabilities.