🚀December 21st midday market outlook.🚀
$BTC 's view:
The large coin's daily level has basically formed a short-term bottom with these two big pins. As long as the 4-hour level retracement does not break below 95629, it shouldn't be a big issue. If it breaks below, we will have to go to 94251-92741 again.
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The large coin broke through 97612 with volume, and the hourly closing price is above 97612, which is a signal to chase long positions on the right side, with a stop loss in place.
If it retraces to 97051 and falsely breaks below, add one more long position; if it breaks below, set a stop loss. Do not go long if there is no recovery action.
The large coin must break and hold above 98355 at the hourly level to look upward, otherwise it will be a consolidation and fluctuation between 99485-100561.
If it breaks below 97051 with volume, chase short positions on the right side, with a stop loss in place.
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Pay attention to 99539 above; if a 2b false breakout occurs, go short one position, and set a stop loss if it breaks 100,000. Pay attention to volume changes.
Conservative players should wait for the large coin to retrace to 95340 to add one more long position; if it breaks below 95000, a stop loss must be set.
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Upper pressure levels: 98408-99054-100454
Lower support levels: 96255-95340-94318
Looking at the large coin's daily level, it has not created a lower low; the previous low of 90168 has not been broken. We will see if this rebound can create a new high. If it retraces without breaking yesterday's low, it indicates that this wave of adjustment is over.
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$ETH Thoughts:
The second coin broke through 3481 with volume; chase long positions on the right side, with a stop loss in place.
If it retraces to 3392 and confirms support, add one more long position; if it breaks below 3353, set a stop loss.
If it breaks below 3457 with volume, chase short positions on the right side, with a stop loss in place.
The second coin must break through 3518 at the hourly level to perform stronger, with target levels of 3640-3718.
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Pay attention to 3633 above; if it gives a light position to short one, set a stop loss if it breaks 3660.
Left-side order at 3152 gives a direct long position, with a stop loss if it breaks 3121.
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Upper pressure levels: 3518-3593-3637
Lower support levels: 3410-3366-3319
The second coin's daily level is fine as long as it doesn't break below 3034; if it does break below 3034, it could be a downturn, conservatively looking at: 2893-2753.