🍅On December 27th afternoon market outlook.🍅
$BTC 's view:
It's said that horizontal length corresponds to vertical height, and in my opinion, horizontal trends lead to declines. Currently, Bitcoin is in a consolidation continuation pattern and will soon show direction.
For Bitcoin to break the deadlock, it must break through and stabilize above 96470 to see upper target levels of 97323-98463; otherwise, it will continue to consolidate and oscillate.
Bitcoin should break out with volume above the hourly closing price of 96132, and if it closes above 96132, one can go long on the right side while recovering stop losses.
If it retraces to 95618 and shows a false breakdown, add one more position, with the false breakdown low being the stop loss level. If no recovery occurs, do not go long.
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If it breaks down and retraces below 95618 without recovery, go short on the right side, and recover stop losses. Pay attention to changes in volume.
Above Bitcoin, watch for a 2B false breakout at 97762 and try a light short position, but if it stabilizes above 98373, a stop loss must be set.
On the 4-hour level, 95340, I hope you can hold and not break down. If it breaks again, continue to look for support at 93833-92649.
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For conservative traders, wait for 93499 to go long one position, with a stop loss below 93000.
Upper small-level resistance at 96495-97397-98371
Lower small-level support at 95393-94262-93510
The 4-hour level seems to be building a bottom, and I hope it can succeed. However, testing 92464 again does not provide much reassurance, especially since the atmosphere has reached this point.
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$ETH Thought:
For Ethereum, break out with volume above 3377 on the right side and recover stop losses.
Break below 3358 with volume and short on the right side, recovering stop losses.
If it retraces to 3318, confirm the support is effective and go long one position, with a stop loss below 3300.
If Ethereum wants to soar higher, it must stabilize above 3391 on the hourly level to look upwards at 3429-3467-3510.
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Above Ethereum, pay attention to 3429 to go short one position, with a stop loss above 3456.
Left-side orders: go long directly at 3255, and exit if it breaks below 3214.
Ethereum cannot break 3300 on the 4-hour level; if it does, then look for 3268-3211.
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Upper resistance at 3423-3468-3515
Lower support at 3244-3313-3295
Ethereum's exchange rate is still hovering around 0.035; if it stabilizes at 0.035, it will move upwards. If it cannot stabilize, it will ultimately go down again to test 0.0346-0.034. Meeting adjourned.