Yuelin: Long-term view for this week! Major impact incoming! December is a crazy month!

A new week, a new month, and the final stretch of the year! Let's sprint! Such a good market! Altcoins are taking off! Hurry to make money! The New Year is coming soon!

The monthly line for November closed with a shadow line exceeding 3000 points, with an increase of nearly 37%, and a cumulative rise of 26000 points.

The monthly line has achieved three consecutive bullish candles, but the trading volume has obviously expanded, indicating that the market potential has not yet been fully released, and December still has the possibility of further increases. From the daily line level, the current K-line is located above the moving average, which is showing an upward turning shape. However, the resistance at the upper box bottom position of 98500 points is still obvious, and it needs to break through this level to open up new upward space. The 4-hour line shows that after reaching a new high, it retraced to 92000 points and rebounded, with the overall trend showing a fluctuating upward movement, gradually raising the low points.

Operation suggestion:

Focus on the support range of 96400-95200 below, and continue to be bullish after the rebound; if it can break through 98800 points above, there is hope to continue refreshing the high point, and currently, there is no obvious top signal.

Ethereum:

The monthly line for November shows that Ethereum, after two months of bottoming, has closed with a solid bullish candle, with an increase of 43%, and a cumulative rise of 1112 points. However, the trading volume on the monthly line has obviously expanded, indicating that December's market still has room for sustained growth.

On the daily line level, Ethereum shows a clear bullish trend, with daily increases being stable, approaching the last trapped range of this year's bull market at 3750-3850 points. The 4-hour line has repeatedly attempted to break through 3750 points but has not succeeded, while the support at 3680 points below will be strong.

Operation suggestion: Focus on the support range of 3680-3600 below, and continue to be bullish after the rebound; if it breaks through 3850 points, then further new highs can be expected.