Market fluctuations are significant, protect your principal

December 15, 2024 08:00-12:00
Hello brothers and sisters, here is a work report:
There is little selling pressure ahead in the market, why isn't the market being pulled up?
There is also little buying support below, why isn't the market being pushed down?
At this position, both contract and spot liquidity are scarce, why does the operator keep dancing alone? This position is the easiest to confuse traders; hold on to the principal and prepare for a breakout.

Trading Reminder ⏰
For beginners or traders without a trading system, do not buy new coins, do not chase highs or bottom-fish, do not trade contracts or futures, learn the trading system first before trading.

Overall Thinking:
Currently, the market and Ethereum show a structure, with a complete monthly structure, high-level oscillating market, and intensified inducement; contracts are very difficult to trade, it is recommended to avoid contracts at this position.
In terms of overall operations, high-level oscillation, primarily spot trading, with the weekly structure disappearing, the monthly structure is complete, still can look at the first and second take-profit positions.

The fifth phase structure has been screened out, waiting for entry signals, and will be released at the right time.

Overall Summary of the Market: High-level Oscillating Market
The 4-hour price continues to rebound, the structure shows that the market has less selling pressure at 103000, 105000, and 110000, in a high-level oscillation period, daily and weekly support continues to be effective.
Market Weekly Structure: Weekly settlement appears, waiting for the structure to be complete.
Market Monthly Structure: Monthly structure is complete.

Overall Summary of Ethereum: High-level Oscillating Market
The 4-hour price continues to test daily support, the structure shows that Ethereum has significant selling pressure at 4000 and 4800, in a high-level oscillating market.
Ethereum Weekly Structure: Weekly structure appears, waiting for the structure to be complete.
Ethereum Monthly Structure: Monthly structure is complete.

Overall Summary of Altcoins: Waiting for new structure entry
Monitoring Range: 330 altcoins on Binance
Comparison of structures yesterday and today:
Weekly Structure: 115/64 Quantity halved
Monthly Structure: 249/264 Quantity slightly increased
Weekly Monthly Structure: 200/55 Quantity halved

Recently providing free help to 10 people to build a trading system, please refer to the thank-you letter for details.

⚠️ Attention! All the orders sent are personal experiences, not investment advice; trading has risks, entry must be cautious.