2024.12.16 Bitcoin and Ethereum Midday Analysis + Feeding Operation
【Market Review】
Yesterday morning, I provided an analysis for Bitcoin and Ethereum, highlighting two important points:
1. Can Bitcoin effectively hold above 101600?
2. Can Ethereum hold above 3890 and close positively?
If either condition is not met, the decline will continue.
If both conditions are met, then we continue to be bullish,
Bitcoin's resistance level is at 103333; if it breaks, we look for 105000 and a target of 107004.
Ethereum's resistance level is at 3968; if it breaks, we look for 4098 and a target of 4263.
So, despite experiencing two rounds of shakeouts yesterday, we managed to hold on.
Bitcoin ultimately closed above 103000, holding above 101600.
Ethereum ultimately closed above 3890, holding above 3890.
【Bitcoin Midday Analysis + Feeding Layout】
Last night, I just mentioned the emergence of an upward pattern at the daily level, continuing to be bullish to 107004,
Today it directly surged to 106666! Happiness came too suddenly,
So I also sent a little red envelope to my brothers, not big, just to share some good luck!
Congratulations to the brothers who were on board for making a big profit.
So how should the brothers who are out of positions layout?
Support below: 103333-101598, pay attention to these two positions, one is the mark for holding above 100K,
one is the mark for breaking the previous high. If given the opportunity, we will layout for long positions at these two levels,
Do not enter at the current price, just feed!
【Feeding Operation】
Direction: Ambush low long
Points: 103688-101977 enter long in batches
Stop Loss/Take Profit: Stop loss at 100453, take profit at 107004
【Ethereum Midday Analysis + Feeding Layout】
Ethereum has been grinding, but the big surge, though late, has arrived!
Yesterday we set up long positions at 3850, and today it reached a high of 4028,
Congratulations to the brothers who were on board for making a big profit.
So how should the brothers who are out of positions layout?
Support below: 3892-3933, pay attention to these two positions. If given the opportunity, we will layout for long positions at these two levels,
Do not enter at the current price, just feed!
【Feeding Operation】
Direction: Ambush low long
Points: 3927-3888 enter long in batches
Stop Loss/Take Profit: Stop loss at 3820, take profit at 4263
【Altcoins】
How should we layout for altcoins? The altcoin season is about to come, choice is greater than effort!
