Good afternoon, everyone: Today, the price of Bitcoin has pulled back. Look at the 4-hour upward trend article I posted two days ago. When the price falls back to the trend line, you can boldly build positions in batches. There will be a Fed rate cut meeting tomorrow. This 25 basis point rate cut is basically settled. The news is good. The pullback is an opportunity. Seize every pullback in the market.
Market analysis:
$BTC The big cake retreated to lure the bears. The highs of the past two days have been hard to chase. The market news is good. Its basic rule is that the market will rise before the good news, and it will fall when the good news is coming. The good news is bad news, and the market will pull back. The big cake position focuses on the 103300 position. If it stands firmly at the 103300 position, the upper resistance level focuses on: 105400~107300~108400. At present, it is going down at the 4-hour level. The market cannot stand firmly at the 103300 position and continues to pull back slightly. Pay attention to the support level below: 101440~99400 These two key points, buy on dips, and the market outlook continues to be bullish.
$ETH Ethereum is consolidating around 4020. There is no continuous funding. Today's pullback is also the time for institutional dealers to start buying. Today's direct plunge, I personally continue to see short-selling. Good news will be released tomorrow. The news will drive the market. The market outlook must be bullish, so continue to build positions on dips. Ethereum pays attention to the 3800 position. If it does not fall below the closing, it will stop falling in the short term. The upper resistance level of the rebound is concerned: 3900~3938~4020~4099. If it cannot stand firmly at the 3800 position, the market will continue to see a correction. The lower support is concerned: 3755~3671, these two positions, long orders are opportunities to enter the market.
$SOL Both the big and small cakes have retreated. The opportunity depends on sol. The next sol is a great opportunity. You can buy on dips. These waves of pullbacks are shrinking. After this period of time, it will explode. I dreamed that it broke through 260. Hahaha, just buy on dips. Pay attention to the position of 228. See if it breaks through the trend line and rises in the future. Pay attention to the upper resistance level: 234~246~259. If it can't go up to 228, the market will continue to fluctuate downward. Pay attention to the support level below: 212~203~195. If you dare to break it, you dare to build positions in batches.
$DOGE fell below 0.4. The dealer is still selling at a low price to lure the market into a short position and continue to prepare for the positive news in January. If it can continue to stand at 0.4 at night, the upper resistance level is: 0.413~0.429~448. If it cannot stand at 0.40, the lower support level is: 0.381~0.364~0.342. Buy at low prices and build positions in batches.
