December 10 Market Overview
Market Review:
BTC's pullback continues, with a significant drop this morning, no negative fundamentals, suspected liquidation of long positions by market makers. Caution is advised, watch for support at 95000-95500; if it breaks, look for 91000. ETH also pulled back, rebounding at 3520 this morning; keep an eye on support at 3550.
Today's Highlights:
$BTC : 1/4-hour level health is low, daily level is healthy. Support at 95000-95500, resistance at 98500-99000.
$ETH: 1/4-hour level is oversold, daily level is healthy. Support at 3520-3570, resistance at 3760-3800.
$SOL : On the rise, adjustment is sufficient, indicators are good. Daily K line retraced to MA60, MACD retraced to the 0 axis, waiting for BTC to stabilize or surge, or outperform BTC.
$BNB : The rise is not obvious, fluctuating upward, daily K line moving average slope is gentle. Strong coins, pay attention to news and fundamentals. At the end of a strong trend, there may be a surge; if the market is weak, it is easy to return to the original point.
The market today requires cautious observation; wait for stabilization before taking action.
