South Korea lifts the ban, beware of selling! 12.4 Big Coin Auntie Market Analysis and Operation Ideas

South Korea issued an emergency martial law yesterday, and several crypto exchanges in South Korea collapsed at one time. Big Coin spiked to 60,000 or 70,000, and Ethereum spiked to more than 2,000! The copycat even shrunk to 30% or 40% at one time. Then a large amount of funds poured in to buy the bottom! So yesterday's coin price rebounded strongly after being bought at the bottom! The big Coin long orders arranged yesterday won at least 1,500-2,000 points! Ethereum can also win 70 or 80 points of space! Then an emergency meeting was held in the early morning of December 4 to vote on "request to lift the emergency martial law." 190 members attended the meeting, 170 members voted in favor, and South Korean National Assembly Speaker Yu Yuanzhi then announced that the emergency martial law was invalid.

From a technical perspective, the daily line closed with a long cross-yang column with a lower shadow, the Bollinger Bands closed, the coin price was running near the middle track, the KDJ disk was basically in a sticky state, the MACD double-line dead cross was downward, and the volume gradually increased! The daily bearish outlook remains unchanged!

In the four-hour chart, the price of the currency fluctuates downward, and the high and low points are constantly moving downward. The price of the currency is running below the middle track. After breaking through the middle track yesterday, it has not broken through! Therefore, we need to pay attention to the gains and losses of the middle track during the day!

From the overall market, the short position is strong! And the long orders of bottom-fishing in South Korea have considerable profits, so be careful of the high-priced shipments there! Therefore, the intraday operation is mainly to maintain high short positions! The upper pressure positions are 96300, 97500, 98000 and 99000, and the support positions are 94000, 93500 and 92900

12.4 Big Pie Operation Idea: Aggressive people enter the market to short near the rebound of 96200, conservative people enter the market to short near 97000-97500, defend near 98300, target near 95000-94500-94000, break and hold near 93500-93000

Long order idea: first try 94000 to try long, defend 500 points, target Look at around 94500-95000-95500

12.3 Ethereum operation ideas: enter the market at rebound 3700-3730, defend above 3780, target around 3600-3550, break and hold around 3500, strong break and hold around 3450-3400

Long order ideas: first try 3500 to try to enter the market to do more, defend around 3450, target around 3550-3600-3630

Every time there is a retracement, funds intervene to protect the market. The bulls are slow to exert their strength and are expected to need news stimulation! The election is consumed in advance, beware of capital withdrawal! If you don’t understand and can’t choose the point, you can follow Conan’s ideas and rush together