Technical Analysis: BTC (Bitcoin)
Daily Level: Bitcoin continues to rise, closing with a solid bullish candlestick yesterday, and the candlestick arrangement shows a bullish trend. The price continues to climb supported by the 7-day moving average on the daily chart. A slight pullback occurred at 2 AM, but the overall upward trend remains. #BTC☀️
4-Hour Level: Since the rebound from 95,000 points on December 11, Bitcoin has maintained a steady upward trend.
The result of the interest rate meeting on the 19th indicates that the market may continue to rise.
Trading Suggestion: Support Level: 105,500-104,500, bullish on dips. Target Level: 109,500-110,500, pay attention to the upper resistance range.
ETH (Ethereum)
Daily Level: ETH shows a continuous upward trend, with upper shadows on the daily candlestick providing support, and the overall market is leaning towards Bitcoin, leading to weaker performance of altcoins. Nevertheless, Ethereum's upward momentum remains strong.
4-Hour Level: The early morning spike and pullback have caused a correction in the altcoin market, resulting in ETH experiencing fluctuations during its upward movement, but overall it still maintains a prior upward trend.
Trading Suggestion: Support Level: 3,940-3,900, bullish on lows. Target Level: 4,080-4,120, pay attention to the upper resistance range. #币安HODLer空投CAT、PENGU #VANA开盘 #圣诞行情预测 #ETH再度冲击4K
I am a long-term bear, if you are currently unsure how to position yourself, feel free to reach out to me for discussion!