2024.12.31 9:40 AM BTC/ETH Market Analysis On the last day of 2024, I wish you all a successful 2025!

Last night in the first half, we predicted that there would be a rebound in the early morning, but BTC surprised us by directly rebounding to $95031, a rebound of $3500 which was somewhat unexpected. However, our long strategy from yesterday still succeeded in profiting from the early morning rebound, which is very good!

BTC Focus

Support 91800/89500

Resistance None

ETH Focus

Support 3255/3100

Resistance None

At this moment, the BTC/ETH trend is about to see a very short-term 5-minute level third wave, as the first wave last night was very volatile, breaking the first wave's choice point. After last night's volatility, the adjustment of indicators has accelerated, making the 1-hour level more precise. Spot trading can take advantage of the dip to boldly enter positions. Although the 4-hour level still has a need for a pullback, that presents an opportunity for adding positions, not for cutting losses. In spot trading, we should not consider stop-loss issues, we only consider position layout issues!

At this moment, BTC's key point is at 91800 and ETH's key point is at 3340. Today's focus should be on these two points!