1.2 Monthly and yearly closing lines show that bulls are still lacking energy; be cautious of risks and do not rush.

The Bitcoin market has reached a temporary bottom, and the weekly rebound demand is very weak. The overall market trend does not look good; it keeps being pushed down by significant resistance multiple times. The overall market may see a new strong trend led by Ethereum, while other sectors remain weak. It can be considered that Ethereum is still accumulating, and Bitcoin continues to weaken. Focus more on Ethereum for this key point; going long on Ethereum may be a relatively good choice.

The rebound started yesterday, and the key resistance level for this round of rebound is around Bitcoin 97500. Be careful as U.S. stocks may continue to decline tonight; there is still a possibility of further drops in the market, so it’s best to wait. If you haven’t entered the market, just wait.

BTC Daily - 4-Hour Level Market Analysis

The larger trend for Bitcoin is still bullish, but the 4-hour level has turned into a bearish trend. Temporarily wait for a rebound at the bottom; there is still a demand for long positions. Since you've chosen to go long at lower prices, look to go long on the way up.

After calling for a bullish trend for a few days, the market is now moving up. There is no rush, as it hasn't reached the target yet. The key resistance level is around 97500; there are still opportunities today, but be cautious as the S&P may pull back. Near 97500, you can consider taking some profits. The support level is around 93500, with resistance at 96500 and 97500.

ETH Altcoin Large and Small Level Analysis

ETH is stronger than Bitcoin. It has charged up from this position, and now the market has risen from the large bottom level. Will it continue to charge? The support level is around 3380; if it doesn't break down, the market will continue to charge. A pullback remains a bullish logic, but if it hasn’t broken up, it may still come down.

The resistance above Ethereum is around 3460, and the bottom support is around 3380. Look for opportunities to go long primarily. The strength lies in not breaking below 3380; if it breaks, then exit, as U.S. stocks may decline, and there is also a probability of a direct charge. If you have positions, manage them well and learn to take profits.

As the year-end approaches, everyone should pay attention to risks and ensure they reserve funds for the New Year. Be cautious with contracts and leverage in terms of risk control capabilities.