BTC and ETH Market Analysis on December 18:
Market Review
Yesterday, BTC once again broke through to a new high, reaching above 108,000, in line with expectations. It has now begun to adjust, with the upward momentum on the 4-hour chart decreasing. Expectations for the next 1-2 days require consolidation, and after adjustment, it will rise again. Today, we will observe and wait for stabilization. This week, it is still expected to reach the 110,000 - 115,000 range. ETH has not followed BTC with a synchronous rise and is also undergoing adjustment. We will observe today and refrain from action, waiting for stabilization.
Today's Focus:
BTC: The 1-hour and 4-hour levels have returned to a healthy level, while the daily level is above a healthy level. Consolidation is expected during the day. We will observe and wait. The long-term outlook has not weakened. The support below today is 102,500 - 103,000, and the resistance above is 105,500 - 106,000.
ETH: The 1-hour and 4-hour levels are below a healthy level, while the daily level has returned to a healthy level. Consolidation is expected during the day. We will observe and wait. The support below today is 3,750 - 3,800, and the resistance above is 3,900 - 3,950.