Everything goes smoothly, Friday evening, after the rebound it’s still short!

In the past two days, visiting relatives and friends, updates have been few, please forgive!

Last night, after the rebound, there was a volatile decline. After White Pan retraced to the 103800 line, it stopped and rebounded again, but the momentum is not strong. Even after the rebound action, there is still a lack of strength. In the short term, it is still mainly short in the evening. Currently, the short-term pressure for Bitcoin is concentrated around the 105300 line, with support around 101500. At this stage, the coin price is oscillating around 104500. During the weekend phase, after the rebound correction, there should be further downward movements in the evening. In terms of operation, it is recommended to short first in the 105000-105500 area, looking at the support level around 101500. If it breaks below, continue to look down to the 99000 line. If it retraces without breaking, then consider going long to look for a short-term rebound.

As for Ethereum, it appears slightly strong in the short term, and it is temporarily not recommended to follow and short. Focus on the previous falling gap at the 3350 line for resistance. If the rebound is under pressure, then short. Pay attention to the support at the 3200 line below!

That’s all for now, I will gradually return to the update rhythm. If it’s not good or uncertain, feel free to drop a line. Although updates are few, I’m always online! Lastly, I wish all fans and friends a new year with new beginnings and everything goes smoothly!