Market Analysis and Trading Guide for December 18th Afternoon

BTC (Bitcoin) Analysis:

The four-hour chart of Bitcoin shows a pullback trend, with the current price finding support around $103,294 and starting to rebound. During the rebound process, it is crucial to pay attention to two key resistance levels at $104,982 and $105,818.

Only a successful breakthrough of these resistances may allow Bitcoin to welcome a second round of upward movement. If the rebound does not go as desired, close attention should be paid to the important daily support level at $101,835. If this support level is not broken, Bitcoin is still expected to maintain a rebound trend; conversely, if it breaks below this level, it may further decline to support areas at $99,800, $98,519, or even lower to $95,696.

ETH (Ethereum) Analysis:

After Ethereum dropped to the support level of $3,800, it did start to rebound, but the daily support has been broken, resulting in a generally weak trend.

During the rebound process, special attention should be paid to several key resistance levels at $3,867, $3,900, and $3,950. Especially if the four-hour chart can successfully break through $3,950, it may signal the end of the pullback phase, and Ethereum is expected to regain its upward momentum and continue to rise. However, if Ethereum drops below the support level of $3,822 again, it may further decline to lower support areas at $3,730 and $3,650.

In summary, investors should closely monitor the above key levels when trading, and make reasonable investment decisions based on market trends and their own risk tolerance. #加密市场盘整 #BTC再创新高 #PENGU开盘