12.29 Market Analysis:

Recently, the market has remained volatile. Yesterday, Bitcoin did not close with a bullish candle but instead closed with a small bearish candle, and the price is below the moving averages. Therefore, the market still shows a weak sideways trend. If you want to trade, you can wait for a bullish candle to place orders at the hourly level, as the price will be higher then. Currently, it is on the left side, but be sure to set stop-loss orders! In the ETH chart, the upward trend is quite strong. The four-hour timeframe has provided support for a quick rebound. It feels like ETH and altcoins are stronger than Bitcoin right now. If Bitcoin can rebound, it is estimated that ETJ and some altcoins will lead the rally. When trading on the left side, remember that you also need to be prepared for stop-losses. The support for BTC is right now, and the support for ETH is around 3370! Everyone, please take this into consideration!

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