12.17 Evening Analysis and Suggestions
In the short term, Bitcoin saw a sharp rise in the morning yesterday and broke through key points. Although it retreated at night and tested support at 103,000 points, it rebounded quickly in the early hours of the morning and regained lost ground again, firmly maintaining the gains and finally closing at a high level. The overall market still maintains a strong upward trend. At the same time, the market's enthusiasm for ETH is also rising. Yesterday, Yiming's bullish breakthrough of 4,100 has been eaten. At present, many institutions have predicted that Ethereum will hit a new high before the end of the year. Judging from the current situation, this prediction is very likely to be realized. As long as the Ethereum Foundation remains stable and no unexpected situations occur, Ethereum will break through the new high as easily as breaking through a layer of window paper. The market outlook continues to be bullish at 4,500-4,800!
Suggestions
Big cake is more around 105000-104500, and it is expected to be around 106000-107000
Yi Tai is more around 3950-3980, and it is expected to be around 4050-4100