2024.12.9 Market Analysis

Bitcoin Weekly

Resistance Level Around 105000

Support Level Around 95000

Bitcoin Daily

Resistance Level Around 102000

Support Level Around 98500

Last week's market was relatively stable, with little fluctuation in both Bitcoin and Ethereum. The weekly closing price was around 101000. This week's resistance level is set around 105000, and the support level is at the EMA5 daily line around 95000. The resistance level at the daily level remains unchanged, still set around 102000, and the support level is at 98500. This week may experience a pullback before a rebound. The trading strategy is still to short at highs. For those shorting, do not be greedy when there are profits. A new week brings a new beginning, wishing everyone a successful Monday.

Ethereum Weekly

Resistance Level Around 4868

Support Level Around 3670

Ethereum Daily

Resistance Level Around 4093

Support Level Around 3850

The weekly closing price for Ethereum is around 4000, with the weekly resistance level set near the previous high of 4868 and the support level at the EMA5 daily line around 3670. The resistance level near the Ethereum daily line is set at around 4093, and the support level is around 3850. Each pullback in Ethereum remains an opportunity to go long. The trading strategy is to buy at lows. For those shorting, be sure to enter and exit quickly, and do not be greedy; secure your profits. Wishing everyone a successful Monday.

The above information is for reference only and does not constitute investment advice.