12.29 Safe period countdown, you can still go long and go up, the volatile market will slowly play.
The Bitcoin market has reached the stage bottom. There is a strong rebound demand at the weekly level bottom, but the market has not given a chance to appear here. The repair after Christmas has not come out for the time being. Now the key position of Bitcoin is still around 92,000. If it does not fall below, there is still a chance to rebound. If it falls below, the market risk will come. The target is expected to stop around 86,000.
Ethereum is still being carried by the market after being strong. The possibility of getting results so quickly is not enough, and it may take some time to wear out.
The safe period countdown is 4 days, wait slowly.
BTC daily line-4-hour level market analysis
The big level of Bitcoin is still waiting near the bottom. The market is tending to be friendly. The bottom support is around 94,500, and the upper pressure is around 95,700 and 97,500. There is a chance to repair the market trend over the weekend. It is recommended to wait for Bitcoin.
Bitcoin has reached the first position of 95700. The market is still good now. It is expected to rush to 97500 in the future. The charge at this position is likely to be moved by the altcoins and Ethereum.
Analysis of the size of ETH altcoins
The weekly support of ETH at this point has returned with Bitcoin. I personally would choose to gamble on the rising sentiment of Ethereum, but the overall market needs to wait. Ethereum is mainly bullish at the weekend. You can try to gamble at this position now. The upper pressure is around 3400 and the bottom support is around 3320. This logic has not changed over the weekend. If there is a problem in the future, it may be that the US stock market will lead the rhythm tonight.
My goal for ETH is to continue to take more after the retracement. Although it is still a short order logic, the market has a strong rebound demand. Although it is not large, it can also be gambled. The upper pressure is around 3450. After breaking through, it will be around 3500. The key support of the overall market is around 3350.
At the end of the year, everyone should pay attention to risks and pay attention to saving funds for the New Year. Contracts and leverage should pay attention to risk control capabilities. #FlokiETP流动性提案通过 #BTC