Evening market analysis on December 16!

Bitcoin opened this morning and surged to a new high again. The weekly chart did not show a pullback, so pay attention to the support level below. If it does not fall below 104,000, the smaller timeframe remains bullish. Continue to monitor the resistance levels above: 105,354-106,654. If a new high is reached again, start positioning for medium to long-term short positions at 110,000. If the hourly close falls below 104,000, the smaller timeframe will begin to correct. The support level below for pullbacks is 10,297, and the upward trend may easily trigger a spike. Pay attention to the spike levels below: 100,700-98,519-94,137.
The second cryptocurrency is currently experiencing a four-hour uptrend. The third resistance level has just been reached, and the support below is at 3,930. If this level is not broken, the market remains bullish. Continue to watch the resistance levels above: 3,988-4,028-4,090. If the hourly close falls below 3,930, the hourly timeframe will start to correct. The support levels for the downward pullback are 3,900-3,867-3,830. If the four-hour close falls below 39,000, this wave of increase will end, and the four-hour chart will begin to correct. Pay attention to the spike levels at 3,725-3,507
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