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2024.12.13 Daily Market Analysis
First, let's review the market from yesterday to now. The overall market is still in a state of fluctuation, with small intraday volatility. We continue to expect fluctuations in today's market, and the next target positions are for Bitcoin to continue reaching new highs, while Ethereum must stabilize above 4000. Last night, Bitcoin lacked momentum after a rise, retracing and causing most altcoins to drop slightly, but not significantly because the rise wasn't high enough. Those holding altcoins should still pay attention to the risks. Today's market shows whether it is the darkness before dawn or the calm before the storm.
Resistance and Support Levels
BTC Resistance 101000/102500/103000
Support 99800/99000/98200
ETH Resistance 4000/4080/4150
Support 3870/3820/3750
Spot Market and Primary Market
Recently, there are really many golden dogs. Do you remember the previous ban? Those who got on board made up to fifty times their investment. You can pay more attention to on-chain data, and if you don’t know how to play, learn a bit. Even if it goes to zero, it’s not much.
Holding altcoins is fine, no big issues. Many friends are waiting for a crash to enter the market, so just patiently wait for a significant correction. Currently, Bitcoin still hasn't broken through; if it can't reach new highs and draw in liquidity, it won't bring down altcoins for you to buy the dip.
If you are confused, you can seek guidance from Brother Niu and wait for his signals to charge in.
First, let's review the market from yesterday to now. The overall market is still in a state of fluctuation, with small intraday volatility. We continue to expect fluctuations in today's market, and the next target positions are for Bitcoin to continue reaching new highs, while Ethereum must stabilize above 4000. Last night, Bitcoin lacked momentum after a rise, retracing and causing most altcoins to drop slightly, but not significantly because the rise wasn't high enough. Those holding altcoins should still pay attention to the risks. Today's market shows whether it is the darkness before dawn or the calm before the storm.
Resistance and Support Levels
BTC Resistance 101000/102500/103000
Support 99800/99000/98200
ETH Resistance 4000/4080/4150
Support 3870/3820/3750
Spot Market and Primary Market
Recently, there are really many golden dogs. Do you remember the previous ban? Those who got on board made up to fifty times their investment. You can pay more attention to on-chain data, and if you don’t know how to play, learn a bit. Even if it goes to zero, it’s not much.
Holding altcoins is fine, no big issues. Many friends are waiting for a crash to enter the market, so just patiently wait for a significant correction. Currently, Bitcoin still hasn't broken through; if it can't reach new highs and draw in liquidity, it won't bring down altcoins for you to buy the dip.
If you are confused, you can seek guidance from Brother Niu and wait for his signals to charge in.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
98,429.66
+0.04%
Replies 0