December 21st Bitcoin Auntie Market Analysis

Bitcoin Auntie has effectively broken down with a large bearish candle, dipping as low as 92200/3100 before experiencing a roller coaster market, peaking and then retreating below the 60-day moving average, indicating a continued weak downward adjustment in the short term; as long as the moving averages remain under pressure, this momentum that has been pushed down from 97500 will continue;

　　Currently, the resistance above Bitcoin is at 97800, with strong resistance at 99000, and short-term support at 94800, 93700, with strong support at 92300.

Focus on the key resistance level at 99000 above; if it breaks above 99000, the downward trend will reverse. If it fails to break this level, it will continue to drop.

Ethereum is currently focused on the important level of 3550; if it breaks above 3600 and stabilizes, the downward trend will reverse, with short-term low buys as the main strategy. If it does not reverse, short-term high sells will be the focus.

Today, being Saturday, the market fluctuations are not expected to be large; it is recommended to operate within a 1500 point range, starting with a short position at the current price targeting 95000/3300, with stop loss at 97900/3480!