December 17th Bitcoin and Ethereum Market Analysis: BTC, ETH Today's Highlights

Market Review

Yesterday, BTC continued to rise, breaking new highs once again, which was in line with expectations. The current trend is healthy, with a golden cross formed on the daily level axis, which is a very clear bullish signal. It is expected to continue rising during the day, with hopes of reaching the 110,000-115,000 range this week. Altcoins are following BTC and rising in sync, having now broken through the key resistance level of 4,000. A golden cross has formed on the 4-hour chart, and it is expected to continue rising during the day, with opportunities to follow up. Altcoins are consolidating in sync with the mainstream, with most coins not showing significant gains. PENDLE and EIGEN, recommended during yesterday's live stream, performed well, and are expected to continue rising during the day. SATS should be patiently held; consider liquidating around 50. FTM can start reducing holdings, POLYX can continue to be held, and ACT should be maintained.

Today's Highlights:

BTC: The 1-hour and 4-hour levels have entered the overbought range, and the daily level has also entered the overbought range. It is expected to continue rising during the day. If support holds, one can follow up. The longer-term expectation has not weakened. Daytime support is at 104,500-105,000, with resistance at 107,000-108,000 above.

ETH: The 1-hour and 4-hour levels are above healthy levels, while the daily level has returned to a healthy level. A slight rise is expected during the day. If support holds, one can follow up. Daytime support is at 3,950-4,000, with resistance at 4,100-4,200 above.