Market Analysis for December 14, 2024
Bitcoin Daily
Resistance Level: Around 102500
Support Level: Around 99500
Yesterday, Bitcoin rebounded to around 101895 at its highest and retraced to around 99205 at its lowest, with not too much fluctuation. Today is Saturday, so the market is likely to have little movement. If you have positions, just hold on to them; if not, take a good rest. Try not to trade today. Spend the weekend fishing or prepare a big meal to treat yourself. Don't stare at the market every day; it's too exhausting. Give yourself a break. Today's resistance level remains at around 102000, and the support level is at around 99300. Don't open positions lightly, and I wish everyone a pleasant weekend.
Ethereum Daily
Resistance Level: Around 4000
Support Level: Around 3830
Ethereum rebounded to around 3968 at its highest and retraced to around 3852 at its lowest yesterday, with fluctuations not exceeding 3%. Given that today is also the weekend, the volatility may not be significant, so there's no need to trade today; just rest well. Today's resistance level is set at around 4000 and the support level at around 3830. For profitable positions, whether long or short, remember to secure your profits and don't be greedy. Trading is not recommended today, and I wish everyone a pleasant weekend.
The above information is for reference only and does not constitute investment advice.