1.7 S&P The rise of Bitcoin has reached the expected level, the rebound has ended, and after a small pullback, it will continue to rise.

The weekly rebound of Bitcoin has officially started, the second wave of the bull market has begun, or is it a rebound from oversold conditions? Therefore, this market still requires attention.

This round of market is relatively simple. Since Bitcoin has reached the expected level of around 102500, a decline is normal. The maximum position is around 98500 to enter long positions. If it remains strong, it may not even drop; there are opportunities, no need to rush, just wait patiently.

BTC Daily - 4 Hour Level Market Analysis

The larger trend for Bitcoin is still bullish, but the 4-hour and daily levels are facing resistance around 102800. A pullback is normal. The upper resistance is around 102500, and the bottom support is around 99500 and 98500. If it can stabilize after a pullback, it can continue to go long.

ETH Altcoin Size Level Analysis

 ETH is currently a bit weak, but the market still exists. No need to rush; for now, we need to wait for a pullback. The pullback targets for ETH are around 3640 and 3580, both positions can be considered for short-term long positions after the pullback. However, the specific pullback position should be based on the logic of this strong rise around 3650; as long as it does not break down, it can still charge forward.

 For altcoins, my suggestion is to wait, gradually buy spot as it comes down, just wait, no need to rush. Buy a portion of the spot around 98500 during Bitcoin's pullback and buy another portion around 95500.

As the year comes to an end, everyone should pay attention to risks and ensure to leave funds for the New Year. Be cautious with contracts and leverage, and pay attention to risk control capabilities.