Market Analysis on 2024.12.31

Bitcoin Daily

Resistance Level Around 95200

Support Level Around 90500

Yesterday, Bitcoin rebounded to around 95024 at its highest and dropped to around 91530 at its lowest. The resistance level we provided yesterday was around 95700, which was basically within our expectations. The fluctuation yesterday exceeded 3%. Today's resistance level is set around 95200, and the support level remains around 90500. Recently, the trading strategy for Bitcoin is still to short on rallies. Whether it's a long or short position, do not be greedy. Remember to take profits promptly, especially for long positions, which should be quick in and out. There is a high likelihood of further adjustments, with a significant chance of retracing to around 90000. Wishing everyone a profitable Tuesday with smiles.

Ethereum Daily

Resistance Level Around 3430

Support Level Around 3230

Yesterday, Ethereum rebounded to around 3437 at its highest and dropped to around 3305 at its lowest, with fluctuations around 4%. The resistance level we provided yesterday was around 3430, which was also within our expectations. Today's resistance level is similarly set around 3430, with the support level at around 3230, which is quite similar to yesterday's levels. Recently, Ethereum will hover around 3400, and adjustments may end at any time. The trading strategy for Ethereum is to buy on dips. If Ethereum really gives an opportunity to reach around 3100, be bold in going long. For those holding short positions, remember to be quick in and out, do not be greedy, and take profits promptly. Wishing everyone a profitable Tuesday with smiles.

The above information is for reference only and does not constitute investment advice.