Evening Analysis and Suggestions on December 16
As soon as the evening navigation situation begins, it seems that something is going to happen again tonight. From the current situation, we can see a slight rise in the afternoon that faced resistance around the 105500 level. The navigation situation has started to weaken and is currently fluctuating downwards around 103500. However, from the volume-price relationship, the trading volume has not decreased along with the navigation situation. The small-level pullback is merely to release some pent-up emotions for better stretching later. Aggressive traders can enter the market at the current price, while conservative traders may wait for the navigation situation to stabilize before choosing a suitable entry point, with targets set higher.
Suggestions
For Bitcoin, watch around 103500-103800 and look for 105000-106000.
For Ethereum Classic, watch around 3900-3870 and look for 3950-4000.
