12.23 Morning Analysis and Suggestions
After the price rebounded to 98,000 yesterday morning, it did not continue to move northward. At present, the overall rhythm has been adjusted. The pattern is still a retracement trend. After falling under pressure, it bottomed out and rebounded at 94,100 at midnight today. This support has not been broken yet. If it is effectively broken, the bears will inevitably move further down. The focus below is 92,000. There will be unemployment data in the future, so you can pay attention to it. I am still pessimistic about the current trend. Judging from the current rebound strength, the pattern has broken the bulls' strength, and the upward movement is severely blocked. The space below is constantly being opened. There is no sign of stopping the decline in the overall trend. There is still a trend of moving down to the 90,000 mark in the future.
Suggestions
Bitcoin is around 95500-95800🈳, looking at 94500-93500
Ethereum is around 9200-9220🈳, looking at 3150-3000
