Technical Analysis: BTC (Bitcoin)
Daily Level: Against the backdrop of interest rate cuts and the U.S. November CPI remaining at 2.7%, expectations for a Fed rate cut have strengthened. #BTC15万
BTC has strongly rebounded under continuous push, with a solid bullish candle formed yesterday, recovering the decline of the previous two days in one day, currently stabilizing at the $100,000 mark.
4-Hour Level: Recent support at the 95,000 point, quickly rebounded after multiple false breaks below 95,000 points in the past two days, with candlesticks closing above 95,000 points.
Yesterday, the market slowly rose, currently stagnating around 101,000.
Trading Advice: Lower support level: 99,600-98,600, consider bullish on a pullback. Upper resistance: 102,300-103,300, a breakthrough may continue to open upward space.
ETH (Ethereum)
Daily Level: Ethereum rebounded near the bottom of 3,500 points in early December, forming a solid bullish candle yesterday, showing an upward trend in the morning. The short-term target focuses on the 4,000-4,100 area.
4-Hour Level: 3,500 points as the oscillation top at the end of November and the bottom at the beginning of December, with significant support.
After two recent bottoms, it quickly rebounded, currently showing a healthy upward trend. Last night, after breaking the previous high of 3,750 points, further upward space was opened.
Trading Advice: Lower support level: 3,850-3,800, mainly bullish. Upper resistance level: 3,960-4,020, focus on potential after the breakthrough. #加密市场反弹 #BTC重返10万 #美联储12月降息预期上升 #XRP逆势反弹
I am bearish. If you currently do not know how to layout your strategy, you can come to me for a discussion!