12.24 Afternoon Market Analysis!

Good afternoon! The Bitcoin (大饼) has rebounded after testing the second support around 92338 again. The altcoin leader (山寨头子姨太) has led the altcoins to a wave of catching up, but the Bitcoin's trend is still very weak. If Bitcoin cannot stabilize, it can easily be dragged down. When trading altcoins, it is still necessary to refer to Bitcoin's trend.

Bitcoin started to rebound on the hourly and two-hour charts. If it does not break below the support at 94000, we will continue to look for a rebound. The upper pressure is first seen at 95000 on the four-hour chart. If this pressure is broken and the four-hour candle closes and holds, this rebound will gain strength. The upper pressure is at 96500-97500-99451. If the one-hour candle closes and breaks below 94000 again, this small level rebound will end, and it will drop again. The lower target support is 92600; if broken, we look at 90286-88069. The altcoin leader (姨太) tested the support at 3366 in the middle of the night, directly breaking through the four-hour pressure at 3320 and holding it, starting a wave of four-hour level rebound. The lower support at 3366 must not be broken to continue looking for a rebound. The upper pressure is at 3471-3555-3609. If the one-hour candle closes and breaks below 3366 again, the one-hour level will start to weaken. The lower support looks at 3334-3270-3215.

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