2024.12.5 Daytime Market Analysis

Macro: ① The old special cancels taxes on the crypto market, ② The SEC chairman has been replaced, ③ BlackRock's artificial intelligence (focusing more on blockchain development, increasing IPO financing opportunities, all top ten cryptocurrencies have a chance, ETF applications are coming, hot money will follow, favorable: Hong Kong sector, artificial intelligence, top 10 cryptocurrencies, dominated by leaders)

Do not easily short Bitcoin; last night's talks were favorable. In a bull market, do not short. Buy on dips, and there will be further upward momentum in the future.

Spot: Positions will be released in waves after the old special takes office, with another wave after policies are announced.

Overall Direction: There will be continued sprinting, targeting 4000, 4300.

Same Day: High-level fluctuations, retracement continues to rise, average price is around 96800, 96600, currently look for a slight dip before considering entry. When Bitcoin rises, Ethereum rises; continue to hold spot positions.

Resistance Levels: 3950, 4080, 99600, 10600

Support Levels: 3650, 3500, 96800, 97300

Ethereum Same Day: Fluctuate and pull back before adding long positions. If the signals are not clear, enter with a small position of 3%. If the signals are good, enter with 5-8% positions. Start paying attention at 3750, and look for long positions at 3730, 3720; add positions at 3680, 3660; stop loss at 3660; take profit at 3850, 3930, 4050 (for Ethereum long positions, maintain the setup; sell on highs and buy on retracements).

Bitcoin Same Day: Continue to look long on retracements, buy at 97500, 96900; add positions at 96300; stop loss if the entity breaks at 96000; take profit at 98300, 99500, 100600 (support is at 97500, the probability of breaking is high).

Combining live broadcasts and technicals, control positions, for reference only #BTC新高10W #每日瓜分1BNB