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First, look at the daily chart of Bitcoin:
First, the closing pattern is a doji, and despite the drop, it has closed higher, to some extent confirming the support level of 957. Whether the upper level of 972 can be broken will determine if there is still a possibility of rising in the future. Currently, the main focus is on range fluctuations, with opportunities for short-term trades.
Looking at the 6-hour level, it is quite clear:
It is currently fluctuating within this triangle, with higher lows and lower highs. A change in trend will occur around December 11 at the latest. Before that, go long near the bottom of the red line and short at the top, with stop-loss set at the line price.
So where is the specific price range? Let's take a look at the one-hour chart and review yesterday's market analysis:
The bottom support mentioned yesterday was 947–933. Observe the support situation in real trading to go long, and it finally held at 936 before starting to rise.
Now the pressure has risen to 963. If broken, look to 972, and if that breaks, look to 977. You can adjust your stop-loss upwards as it breaks through.
Today's best short entry point is at 977, with a stop-loss at 983. It may not be reached, so focus on the breakout situation at 963 and 972. If it doesn't break, reverse to short and set the stop-loss at these two prices.
Now looking at Ethereum:
Similar to yesterday's analysis, resistance is at 3666–3681, with a maximum of 3673, support at 3531, and a minimum of 3502. Unfortunately, the recommended stop-loss yesterday was at 3506, so overall, both long and short positions had nearly 100 points of profit.
Today's points remain unchanged. Observe the resistance at 3681 and 3766, and the support at 3572 and 3531. Currently, fluctuations are still the main trend.
Today's trading thought analysis is complete. What do you all think? Feel free to discuss in the comments. This is your little buddy, providing daily free analysis (heart emoji).