12.21 Bitcoin Auntie's Market Analysis

Bitcoin Auntie has effectively broken down with a significant bearish move, dipping to a low of 92200/3100 before experiencing a rollercoaster market, peaking and then retreating below the 60-day moving average, indicating that the short-term trend will continue to be weak; as long as the moving averages remain under pressure, the momentum from the drop from 97500 will persist;

　　Currently, the resistance above Bitcoin is at 97800, with strong resistance at 99000, and short-term support levels at 94800, 93700, with strong support at 92300.

Key attention should be on the resistance point at 99000; if it rises, it must break above 99000 to reverse the downward trend. If it cannot surpass this level, it will likely decline again.

For Ethereum, the key focus is on the important level of 3550; if it breaks above 3600 and stabilizes, the downward trend will reverse, with short-term low buys preferred. If it does not reverse, short-term high sells will be prioritized.

Today, Saturday's market fluctuations are not expected to be large; it is recommended to operate within a 1500 point range, initially taking a short position at the current price targeting 95000/3300, with a stop loss at 97900/3480!