2024-12-30-7:03PM
BTC 4-Hour Intraday Strategy Trend Analysis
Bitcoin touched short-term support around 93000, with significant volume increase. The current SKDJ is at a medium line 50 death cross, and the candlestick pattern is a bearish cannon. The Fibonacci support level of 93143 has been invalidated.
There is a high probability that it will reach the Fibonacci support level around 92365 below, and then 91587. Combining the candlestick pattern and SKDJ, including whether the volume meets the requirements for the Fibonacci fourth-degree operation method,
we can only preliminarily set support as the entry point; for other dimensions, we still need the market to develop further.
ETH 4-Hour Intraday Strategy Trend Analysis
Ethereum performed exceptionally strong last Saturday and Sunday. Compared to Bitcoin, the degree of correction for Ethereum is not significant. Currently, Ethereum's trend is testing the Fibonacci support level of 3332 repeatedly.
However, the market's volume performance has been poor, remaining in a state of increasing volume without showing a decrease in volume to stop the decline. The candlestick pattern is also a bearish cannon shape, and SKDJ is at a medium line 50 death cross.
Looking below around 3274, combining the candlestick pattern and SKDJ, including whether the volume meets the requirements for the Fibonacci fourth-degree operation method, we can only preliminarily set support as the entry point.
We still need the market to develop further for other dimensions.
BTC Intraday Strategy
B: 91582
T: 94000
S: 90479
ETH Intraday Strategy
B: 3274
T: 3350
S: 3220