Good evening everyone, Merry Christmas! Today's evening report + recap is here.
Let's briefly recap today's operations; it was quite decent. The profits from the positions entered are still good. It's a pity if you didn't enter this evening; the risk-reward ratios at these positions are quite favorable, above 1:2. Let's see how to proceed this evening.
The points for $BTC have basically remained unchanged for about a month. The key resistance levels for Bitcoin are 98300, 99000, 99500, and short-term strong resistance at 100000. The support levels below are 97666, 97000, 96300, 95555, 95000, 94000, 92800, 91800, 91000, and strong support at 90000.
For $ETH , Ethereum is strong at times and weak at times. Can you guess its intentions? The resistance levels above are 3500, 3550, 3600, 3660, 3700, and the support levels below are around 3470, 3435, near 3400, 3370, 3345, 3315, 3280, 3250, 3225, and around 3200.
For $SOL , it's a pity I couldn't short SOL; currently, it appears to be the weakest, showing no resistance to decline.
Summary of evening thoughts: The outlook for short positions remains unchanged. Most of those who entered at higher levels have basically hit their cost losses. If you are seeking stability, do not enter again. If 99000 is tested again, it is very likely to break through to 100000. Of course, there are quite a few who are still in cash positions, and the aggressive ones can take a look at the levels. For Ethereum, short at 3520-30, with a stop-loss if it stabilizes at 3550. The first target for profit-taking is 3470-3400; the risk-reward ratio is good. For Bitcoin, short at 99000-99300, with a stop-loss if it stabilizes at 100000. The first target is around 97000; the risk-reward ratio is also decent. For SOL, around 200-202 could be tested, with a stop-loss at 205 and profit-taking at 196-192. If anyone has questions, feel free to leave a message.