12.22 Morning Navigation Analysis

After a rebound during the day, the market has pulled back, with Bitcoin reaching the second resistance level mentioned in my afternoon article, slowly declining to the Doku support level before making a slight rebound and fluctuation. Ethereum is under pressure at the first resistance level and has pulled back to the first support level with slight fluctuations.

For Bitcoin to rise, it needs to rebound and stabilize above the 98000 level, looking at the resistance near 99600, 101500, and 102500 above; conversely, we will look at the support situation at the 96400 level, and if it closes below this level, we will look at the areas around 95400-94700-94000;

Ethereum's movement is basically in sync with Bitcoin, continuing to rebound and stabilize around the 3440 level, looking at the resistance near 3490 and 3550-3600 above; conversely, we will look at the support situation at the 3340 level, and if it closes below this level, we will look at the areas around 3290 and 3240-3190;

In summary, the Silk Road suggests that as long as the support level is not broken during the pullback, we can expect a rebound.