2024.12.12.BTC.ETH.SOL.DOGE Intraday Market Analysis

Good afternoon, brothers. The big coin dropped for two days and was pulled back to the original high in one day. This kind of wide fluctuation at the daily level sees movements of six to seven thousand points. Once again, I emphasize to my brothers that no matter where you enter a trade, you must manage your positions well. Saying it every day won't help you make money. If your positions are too large and heavily weighted, you can't get rich overnight; you'll just choke yourself.

BTC

The big coin's daily chart is bullish again, having surged this morning to the second resistance level I provided near 102,000. The smaller time frames are starting to pull back, with support at 100,327. If this position holds, we will continue to push towards the upper resistance of 102,000, aiming to break through this resistance. The upper resistance is set to watch around 103,655 and 104,648. If the two-hour closing breaks below 100,327 at two or four o'clock in the afternoon, a correction will start. The support levels below are 99,600 and 98,746. If the four-hour closing breaks below 98,746, the daily chart will enter a range.

ETH

The auntie is bullish again on the daily chart, having surged this morning to the second resistance level around 3,960. The support level to watch below is 3,875. If this position holds, the smaller time frames are still bullish, aiming to break the upper resistance of 3,960. The resistance levels to watch are around 4,020 and 4,090. If it breaks below 3,875, the smaller time frames will start to correct, with support levels below at 3,800 and 3,741. If today's four-hour chart closes below 3,800, the buying power will weaken, and this four-hour rally will likely be over.

SOL

SOL has just broken through the daily resistance support. The smaller time frames are still in an upward trend, with the support level to watch around 227. If this position holds, the market will continue to push higher. The resistance levels above are 237, 242, and 246. If the one-hour closing breaks below 227, the one-hour chart will start to correct. Watch the support levels below at 225 and 221. If the four-hour closing breaks below 221, this four-hour rally will end, and long positions should be cautious of risk.

DOGE

The dog has not yet broken through the 0.422 resistance, and the upward momentum is relatively weak. However, the smaller time frames are still in an upward pattern, so we'll see if it can break through the 0.422 resistance again. If it breaks, we can look towards the resistance levels of 0.44 and 0.45. If it cannot break, watch the support level below at 0.414. If the one-hour closing breaks below this level, the smaller time frames will start to correct, with support levels below at 0.403. If the four-hour closing breaks below this level, this four-hour rally will end.