2024.12.26.BTC.ETH.SOL.BNB.DOGE Intraday Market Analysis
BTC
Good afternoon, brothers. Bitcoin surged and then retraced again. The daily resistance is quite strong, and multiple attempts to break through have been suppressed. Currently, Bitcoin has broken below the four-hour support of 98378, so we will see if it can close back above this level today. Only if it closes above 98378 again and breaks the daily pressure at 99475 will this market have a chance to surge again. The upper pressure levels are 102829, 105928, and 107783. If today’s four-hour close cannot stay above 98378, the four-hour level will begin to correct, with lower support at 97593, 96865, and 94850.
ETH
Ethereum has currently broken below the four-hour support and is starting to correct at the four-hour level, with upper pressure at 3487 and 3551. Only if the four-hour close breaks through these two pressure points will the market have a chance for a second surge at the daily level, with upper pressure at 3633 and 3720. If today’s four-hour level cannot stay above 3487, this rebound will be considered over, with lower support at 3364, 3270, and 3215.
SOL
Solana has begun to correct at the four-hour level, with important upper pressure at 198. Only if the four-hour close breaks through this pressure will the market have a second surge, with upper pressure at 211 and 223. If the four-hour close cannot break through 198, the market will continue to correct at the four-hour level, with lower support at 190, 186, and 176.
BNB
BNB is currently in a bullish trend at both small and large levels, and it is the only coin with the best performance right now. Pay attention to the lower support at 701. If this position does not break, we continue to look bullish with upper pressure at 722 and 737. If the four-hour close breaks below 701, the four-hour level will begin to correct, with lower support at 685 and 673.
DOGE
Dogecoin has begun to correct at the four-hour level, with upper pressure at 0.33, 0.342, and 0.351. At least the four-hour close must break through 0.332 again for the market to have a second surge; otherwise, we will continue to look for a correction, with lower support at 0.317, 0.3, and 0.28.
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