Track real-time hotspots in the crypto world and seize the best trading opportunities! Today is December 25, 2024, Wednesday. Hello, dear crypto friends ☀️! Fans, come check in 👍, like and get rich 🍗🍗🌹🌹
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Bitcoin has tested around 93,800 multiple times and ultimately failed to break below this key support. As the evening market stabilized, a wave of accelerated attacks pushed the price directly to around 99,397. From the current trend, it seems that after Bitcoin broke 99,000, the market has once again shown signs of stagnation, currently touching the previous resistance level around 99,500. Next, we need to pay attention to whether this position can break through, as the price had previously turned down here. If it cannot break through, we can go with the trend. From the hourly chart, after a pullback, the market has surged again, focusing on whether it can break through the previous high. If it successfully breaks through, we will continue to look for bullish continuation, with morning operations primarily focused on low buys and high shorts as a supplement.
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Ethereum has stopped near a low point of 3,383. The bulls have not been discouraged; instead, they quickly launched a bottom rebound, testing the high of 3,537 before rising again, temporarily recovering lost ground and stabilizing the situation. Currently, the 4-hour chart shows that Ethereum is relying on the middle track to make a strong rebound, and the bottom rebound space has been largely released. If the 4-hour chart forms a rebound wave, today may see a conversion of pullback waves, i.e., a trend of probing highs and retesting. The closing position will determine today's strength continuation, whether it is a probe high followed by a drop, or a probe high followed by horizontal consolidation and buildup, which will affect the short-term strength transition. The current operating range is close to the upper track, and there is still a possibility of a continuation breakthrough on the daily line; therefore, intra-day operations remain primarily bullish.