Technical analysis: BTC (Bitcoin)

Weekly trend: Since the presidential election, the price of the currency has continued to rise, close to the record of seven consecutive positive weeks since 2021. #BTC☀️

Last week, the weekly line closed with a long lower shadow real positive line, and the overall trend remained strong upward.

Daily level: Since the breakthrough rise on December 5, BTC has entered the 95000-102000 range of fluctuations, which lasted for more than ten days.

This morning, the price rose strongly, breaking through the previous high and forming a new high. The daily line rose three times in a row, which together constituted a new upward trend.

4-hour trend: Since the rebound from 95000 points on December 11, the K line has shown a fluctuating upward structure, and the cumulative increase has exceeded 10000 points.

Operation suggestion: Support level: 103500-102500, buy on dips and be bullish. Target position: Pay attention to the 110000 mark in the short term, waiting for an upward breakthrough.

ETH (Ethereum)

Weekly trend: It fell sharply last week and rebounded quickly at the beginning of this week, recovering the previous losses. The long lower shadow indicates that the support below is strong and the overall upward trend has not changed.

Daily level: Although it fell back after the morning high, the weekend shock accumulated momentum for this week's rise, and breaking through the recent high is just around the corner.

4-hour trend: After breaking through 4000 points on December 12, ETH entered the 3850-4000 shock range for four days.

The current K-line has closed five consecutive positives, and it rose and stepped back to around 3920 in the morning. The subsequent luck will continue to rise.

Operational suggestions: Support level: 3920-3880, and the low level can continue to be bullish. Target position: Pay attention to the 4000-point mark. If the daily closing is stable above 4000 points, the subsequent upward space will be further opened. #BTC再创新高 3661504316#8560527624315849909863Iam Changkong. If you don’t know how to plan now, you can come to me and communicate with me!