12.21 Bitcoin Market Analysis!
Yesterday, Bitcoin experienced a spike and then rebounded back into the consolidation zone. The daily chart's pullback trend remains unchanged. The support level for this wave of the market is 101227, and to continue climbing higher, it first needs to break through the upper resistance of the consolidation zone at 98371. Only by breaking through the daily resistance at 101227 can there be a chance for a second upward movement. Currently, the four-hour level is also starting to rebound, indicating that this rebound has not yet ended. For short positions, pay attention to the upper resistance levels and manage risks carefully. The lower support to watch is 96374; as long as the four-hour close does not fall below this position, it indicates that this rebound is still ongoing. If it does fall below, a second drop to the lower support levels of 94137-92338 will be anticipated, with the spike points at 90286-85589 remaining unchanged!
Ethereum is currently also in a four-hour level rebound, with no clear direction in the consolidation zone. The upper resistance of the consolidation zone is at 3500; a breakout would target 3566-3674-3760. The four-hour support level is at 3421; if the four-hour close drops below this level, this four-hour rebound would be considered over. The lower target supports are at 3263-3104-3038! #加密市场反弹 #PCE通胀降温 #USUAL走势分析 $BTC $ETH