24.12.25 Bitcoin and Ethereum Midday Analysis
【Market Review】
Merry Christmas! Happy Christmas to you all!
Last night's pump also gave us a little red envelope for the holiday,
Bitcoin once surged to the 985 position, while Ethereum once hit the 3530 position.
Although it didn't go up last night, we can clearly see that Bitcoin and Ethereum have stabilized,
Bitcoin stabilized at the 98 position, and Ethereum stabilized above 3450. Next, we will see if the corresponding resistance levels can be broken?
If Bitcoin breaks, look up to 10+, for Ethereum, look at 3800.
【Bitcoin Midday Analysis】
Since we didn't catch the low long position in the last two days, the market has shifted style and chosen to go up,
then our strategy will make a corresponding adjustment. Transitioning from a low position long to now entering at the market price on a pullback to support.
Pay attention to the support level below: 96673-96052, this position can be used to enter long.
Pay attention to the resistance level above: 985-998-101488-103333, an effective breakthrough of 985 can be bullish, chasing a right-side trend upward!
Currently, the trend is still showing a wide range fluctuation, it seems like there are many ups and many downs, but in fact, it is not.
It is mainly fluctuating around the large range of 90K-100K, waiting for after January 20 when there might be a big market for Bitcoin and Ethereum,
Meanwhile, for those previously reminded to enter with cheap altcoins, don't easily sell your cheap chips!
Bitcoin at 9.2, SOL at 180, ETH at 3100 are all cheap chips, don't get washed out.
【Ethereum Midday Analysis】
Currently, the style has also undergone a certain change, it can switch to entering long on a pullback to support!
Support below: 3430-3380-3352
Resistance above: 3531-3589-3647
The larger trend is also showing wide fluctuations, mainly fluctuating around the range: 3000-4000,
A big market is temporarily not going to explode, let’s wait for the news to land on 1/20 and then see!
Hold on to your spot positions! In terms of contracts, we will focus our energy on altcoins,
Key tracking: UNI, LINK, SOL, Doge, Arb, LPT, APE, and other coins.
【Altcoins and Square Trading】
For altcoins, super short-term needs to be researched by yourself; if you need to consult on any coins, you can leave a comment in the comment area.
For mid to long term, you can look at the few I posted.
Square trading is ongoing, with a current yield of 25%, aiming to challenge a 100% yield this week,
Waiting for a big opportunity to go all in!