Market analysis on December 28, 2024
Daily line of Bitcoin
Pressure level around 95700
Support level around 93500
Yesterday, Bitcoin rebounded to around 97544 and fell back to around 93500. The pressure level we gave yesterday was around 97500, which was in line with our expectations. The idea of shorting at highs was also correct. Today is the weekend, and the market may not fluctuate much, so it is not recommended that you make orders today. You can take a good rest and give yourself a day off appropriately. Don't watch the market every day. Watching the market is a boring and lonely job. Today's pressure level is around 95700, and the support level is around yesterday's low of 93500. Those who were obedient yesterday have already stopped profit and put their money in. Recently, Bitcoin is still in a volatile market, so no matter whether you are long or short, remember to put your money in. I wish you all a happy weekend.
Ethereum daily line
Pressure level around 3380
Support level around 3240
Yesterday, Ethereum rebounded to around 3444 and fell back to 3306. The pressure level was also within our expectations. Yesterday, we gave the pressure level around 3450. Today is the weekend and it is almost the end of the month. Ethereum may adjust for a few days. Don't short it easily next month. There is a high probability that it will bottom out around 3000-3100 again in the next two days. At this position, go long boldly, but control the position well, don't go all in. Take a good rest today, don't open orders, spend time with your family, cook a big meal, and wish you all a happy weekend.
The above information is for reference only and is not an investment advice.
