Market Analysis on December 26, 2024

Bitcoin Daily

Resistance Level Around 100,000

Support Level Around 97,000

Yesterday, Bitcoin had little fluctuation, with a maximum rebound to around 99,569 and a minimum pullback to around 97,632. The resistance level we provided yesterday was around 100,000, which is within our expectations. Today's resistance and support levels are the same as yesterday. The daily closing price was above the lifeline; if it pulls back today and does not break the lifeline around 97,000, one can go long around 97,000. Recently, Bitcoin should still be experiencing wide fluctuations. Regardless of whether there are profits in long or short positions, remember to take profits. Aim for safety every day, and don't be greedy. Best wishes for everyone to have a pleasant Thursday.

Ethereum Daily

Resistance Level Around 3,560

Support Level Around 3,350

Yesterday, Ethereum had a maximum rebound to around 3,547 and a minimum pullback to the 3,440 position, with a fluctuation of 3%. The fluctuation was not too large. The resistance level we provided yesterday was around 3,560, which is also within our expectations. The daily level has not broken the lifeline. Today it will continue to try to break the lifeline around 3,560. If it cannot break the lifeline in the next couple of days, oscillating around the lifeline may not be a good thing and could lead to another dip around 3,100. Each pullback provides an opportunity for long positions; opportunities are created through declines. The monthly chart for Ethereum is still in an upward trend and in an aerial refueling pattern. It remains to be seen if opportunities for long positions will arise. Take profits from short positions and avoid greed. Best wishes for everyone to have a pleasant Thursday.

The above information is for reference only and does not constitute investment advice.