12.1 Sunday: Market fluctuations, beware of sudden drops during the day!

After a previous surge, a correction has occurred, with resistance at 97000 during the rebound. The upward momentum is weak, and the downtrend began at this time last week, making it hard to ensure a repeat of this pattern and the continuation of the decline.

Ethereum's movement is extremely "volatile", with dramatic fluctuations over the weekend, and signs of a washout are evident. One should not blindly chase highs. 3750 is a significant resistance level, while support is at 3460; any slight movement could trigger a crash!

Sunday Operations

For operations, Ye Wei suggests treating 97500 as a key dividing line for Bitcoin, with strong resistance at 98500. If touched, short immediately; if the bearish momentum is strong enough, watch for a sudden drop towards 93500!

For Ethereum, once the resistance line is touched, decisively short, and it is advisable to position mid to long-term short orders near the current price of 3730.

Recently, market sentiment has been strong, with both short-term and wave operations going smoothly. If you are struggling to grasp the market trends, trust Ye Wei, and you won’t lose your direction. Ye Wei will lead you on a journey through the crypto world. #AI与GameFi市场表现 #比特币打破感恩节魔咒 #币安BNSOL质押PYTH #山寨币走势展望 #BSC生态活力释放 $BTC $ETH