Evening Strategy on December 26

During the day, the support level of 97,000 was broken, causing the price to drop sharply to the range of 94,000 - 95,000. Although there was a rebound afterwards, the strength was weak. This is because the break has undermined market confidence, and the bullish power is insufficient.

Currently, wanting to go long at low levels carries a high risk. There is resistance around 96,400; firstly, there is selling pressure from the previous decline, and secondly, the market is bearish. If one wants to go long, it is essential to strictly control risk and pay attention to price changes at key levels. If anything goes wrong, stop loss promptly.

Evening operation strategy,

Bitcoin continues to look bullish, aiming for the range of 92,500 - 93,000.

Ethereum looks towards the 3,250 level.