2024.12.21 Bitcoin/Ethereum/BNB/SOL/DOGE Intraday Market Analysis
Happy weekend, brothers! Yesterday's brutal drop left the market in despair and a sea of blood with countless liquidations. In the trading market, a big rise inevitably leads to a big fall. When prices rise, one should be prepared for a potential drop at any time. Therefore, setting stop losses is of utmost importance; otherwise, what you earn will only be fluctuating numbers. Each major fluctuation will leave you restless!
Bitcoin and Ethereum rebounded overnight and closed positively on the daily chart. Over the weekend, it is expected that a 4-hour level bottom consolidation will form to repair the candlestick pattern. Just wait; as long as Bitcoin and Ethereum consolidate, some altcoins will show movement!