2024.12.9

Market Review:

Last week, the market first broke through a new high, and then pulled back to around 90,000, with a fluctuation range of nearly 15,000 points, an overall increase of 3%, about 3,000 points. The probability of a rate cut in December rose to 85.1%; the market value of stablecoins exceeded 200 billion US dollars.

Technical aspects:

BTC: The weekly line maintained an upward trend, but the long lower shadow line was closed near 90,000 several times in the past three weeks, indicating that this position is a short-term support. On the daily level, the moving average continued to rise, and the K line maintained an upward momentum. On the 4-hour chart, it fluctuated over the weekend, and the support level was around 98,800. In terms of operation, pay attention to the support of 97,500-98,800 below, which is bullish; the upper pressure level is 110,000-120,000.

ETH: Last week, it rose 7%, setting a record high of 4092 since March this year. From the daily line, there was a slight adjustment over the weekend, and the overall upward trend remained unchanged. On the 4-hour chart, the support level is mainly concentrated around 3880. In terms of operation, pay attention to the support of 3880-3840 below, which is bullish; the pressure level above is 4010-4040.

Altcoins: Pay attention to the three major sectors of meme, artificial intelligence and games. Dogecoin hit a recent high, and PEPE, BOME and others performed actively. FLOKI formed a bottom near 22, and there is a chance of a callback to 24. The FET support of the artificial intelligence sector is around 1.8, and the WLD support is around 3.2. The AXS support level of the game sector is 8-8.5, and pay attention to the opportunities after adjustment.

Reminder: The currency market fluctuates greatly, and investment should be cautious. The above is only a personal opinion, not an investment advice. #APT、ADA、ENA大额解锁 #山寨季将持续多久？ #SUSHI价格飙升