Evening Silk Road on December 29

From the perspective of the four-hour chart structure, the downtrend has halted. The current trend is relatively effective, with the support level slowly rising, bearish momentum gradually shrinking, and the coin price entering a correction phase, which will take some time. In the short term, support is around 93500, with a local consolidation moving upwards.

If the adjustment space is large, a deep correction may occur; if the space is small, it will be horizontal consolidation and correction. Within this range, one can sell high and buy low. As a bullish main player, I tend to lean towards buying low and going long.

Trading Suggestions

For Bitcoin, around 94900-94700, target 95600-96000.

For Ethereum, around 3480-3460, target 3420-3440. #币安LaunchpoolBIO预测 #FlokiETP流动性提案通过 #美国加密立法或将重启