On December 30, morning market trends analysis and trading ideas:

At midnight, $BTC , after ending in a sideways state, could not wait to begin seeking support points downward. From the high point of 94785, it faced pressure and then corrected, gradually forming a weak oscillation trend, continuing to dive until it slightly paused after reaching the low point of 93000.

$ETH also began to correct from the high point of 3368, diving down to the low point of 3325.

From the daily chart perspective, as time slowly passes, the accumulated risks continue to increase. Furthermore, with localized pressure gradually moving down, the area around 92100, considered a point for long-term holding, appears to have limited rebound space. In this case, this level should primarily be treated as a defensive position for holding.

If observing the 4-hour and lower timeframes, over the past 10 days, it can be clearly seen that the price has been lingering in a lower structure. The internal levels not only failed to present an effective repair structure, but the pressure zones above are distributed quite densely.

At the same time, the rebound expectations brought about by short-term support forms are extremely weak. Moreover, one must remain vigilant against the price potentially experiencing a new daily level pullback.