12.20 Afternoon Insights and Operational Contacts
BTC:
The Bitcoin daily chart has begun to pull back and is currently in the rebound phase after testing the second support level.
During the rebound, the resistance levels above are 98800, 100000, and 101812. Only if the daily price breaks through 101812 will there be a chance for a second upward push.
If the rebound does not reach the above three resistance levels, BTC will continue to test lower, with support levels at 94137, 90282, and 85589. Long positions can wait around 85589.
ETH:
The Ethereum daily chart has confirmed a pullback trend, having tested the second support level near 3350 last night and begun to rebound.
During the rebound, the resistance levels above are 3511, 3600, and 3677. If these resistance levels cannot be broken, Ethereum will continue to test lower.
The support levels below are 3323, 3260, and 3183. If these supports are broken, further attention should be paid to the support level at 3038.
