12.13 Morning Market Overview

$BTC Bitcoin closed today with a bearish candlestick, and the main trend is a downward fluctuation.

Bitcoin broke through the resistance line to 102540 last night, completing a false breakout, resulting in a double kill for both bulls and bears; U.S. stocks closed with all three major indices slightly down. With the upcoming Christmas and New Year settlements in Europe and America, the market is unlikely to fluctuate significantly for now, similar to the Chinese New Year at the end of January, when funds in various projects will also shrink and secure profits in mid-January; currently, it remains in a converging triangular fluctuation within a range; support is at 97940 and 95099, resistance at 100240 and 101015.

$ETH is still in a wide range triangular fluctuation. Ethereum can only aim for 4000 if it stabilizes above 3930; the overnight pullback of Bitcoin has little impact on Ethereum; early in the morning, Ethereum issued an additional 1 billion USD on-chain, and Bitcoin's market share has fallen to 56.5%. Liquidity is gradually flowing into Ethereum, so Ethereum is still on a bullish trend. The current bottom for Ethereum is 3503-3538; support is at 3804 and 3748, resistance at 3963 and 4021.

The above information is for market analysis only and should not be considered as trading advice; follow me so you won't get lost. I provide you with the latest news and market analysis every day, along with the wealth codes you desire. Remember to follow and like!