December 29 Market Trend Analysis!
From the current market trend, the overall market still tends to show a healthy upward trend. The important resistance level for BTC Bitcoin is 100,000 USD. Once it breaks through the 100,000 level, it will surge towards 110,000 to 120,000.
The important support level below is around 92,000. If it breaks below the 92,000 support, it is likely to drop to around 87,000 to 88,000. It is expected that the range between 92,000 and 100,000 will need to consolidate for another 3 to 5 days, so please be patient!
The larger trend remains bullish!
For Ethereum ETH, the important resistance level is in the range of 3,480 to 3,500,
with support around 3,340, the risk-reward ratio is not significant.
SOL is still relatively strong compared to Bitcoin and Ethereum! After confirming a pullback and consolidation, a long position can be taken, with an important resistance level around 200 USD.
The above market analysis is for reference only! Everyone is welcome to discuss and share opinions in the comments section!
