12.30 Morning Share - Bulls are Weak! The Final Battle!

Today marks the end of the weekly chart, and the upcoming ones are the monthly and yearly charts. I predicted that the end of the month would see fluctuations, but I didn't expect such a small amplitude; it makes me feel nauseous, with no profit effect, just wanting to stay away!

1. BTC Current Price: 93500. Last week's market was relatively boring, continuously moving in a downward trend. From the current perspective, this kind of movement is unfriendly for the future market. The daily chart is still in range adjustment, maintaining the same range for three consecutive days. The MA60 is approaching the current price of 93000. The upper middle track and MA30 resonate to form important resistance. In the medium term, it is still suppressed by the middle track, showing a downward trend. The rebound in the short term is getting weaker, and structurally, it has broken down from a flag pattern, indicating a higher probability of bearishness. Spot and long-term optimistic altcoin players need to be especially vigilant.

Intraday Strategy

Long at 92800-92200, stop loss at 92000, take profit at 93500, 94500 (short-term)

Short at 95500-96000, stop loss at 96000, take profit at 94000, 92500 (short-term)

2. ETH Current Price: 3410. Last week closed with a small bullish candle. Today’s opening is also performing well but has reached a critical resistance point. 3450 has been a barrier during multiple rebounds, indicating short-term pressure. However, if it can break through, it could at least rise another 80-100 points, which can be a key focus for the day. The medium-term trend sees 3550-3600 as very critical resistance.

Intraday Strategy

Long at 3390-3375, stop loss at 3350, take profit at 3425, 3500, 3530

Short at 3530-3560, stop loss at 3580, take profit at 3480, 3450

3. As we approach the critical time node at the end of the month, operate cautiously. BTC futures have a gap at 95000; pay attention to the filling situation. #btc #eth