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撸毛Sun
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Track real-time hotspots in the crypto world and seize the best trading opportunities. Today is Friday, December 27, 2024. Good morning, crypto friends! For all the loyal fans, check in and give a thumbs up, wishing everyone prosperity!
💎 💎
Last night, the three major U.S. stock indices showed mixed results, with the Dow Jones up 0.07%, the S&P 500 down 0.04%, and the Nasdaq down 0.05%. Bitcoin and Ethereum have once again exhibited a wedge pattern. Bitcoin is currently priced at $95,573, down 0.37%; Ethereum is currently priced at $3,330. Overall, Bitcoin and Ethereum are gradually stabilizing, while small cap altcoins are taking turns to rally, despite the popular sectors still being in a correction phase.
💎 💎
After Bitcoin broke through to around $99,500 yesterday morning, it saw a significant pullback, dipping to a low of $95,137 before stopping the decline, and then oscillated in a range during the evening. From the current short-term trend, market sentiment is quite volatile, with both bullish and bearish forces lacking clear continuation. Currently, the price is weakly declining, and the market is in a phase of weak adjustment. Although there is significant pressure above, the support below has not been broken, it is expected to maintain a range-bound oscillation pattern throughout the day. The key resistance level is at the $100,000 mark, with short-term pressure between $97,200 and $98,500, and strong support around $93,200, while the current support level is at $95,000. As there are no clear positive or negative news in the market, significant fluctuations are not expected in the short term, so range trading should continue to be the main strategy.
💎 💎
Ethereum has recently experienced consecutive declines, pulling back from a high of $3,515, hitting a low of $3,303. It has successfully reached the lower bound of the small cycle area to stop the decline, and the moving averages have shown a clear reversal pattern, with strong support near $3,300. Although the hourly moving average indicators are quite mixed, the short-term trend still needs some time to oscillate and consolidate. However, as it approaches the lower boundary, one can consider setting up short-term long positions based on the support below, moderately seizing rebound opportunities. Overall, the market is still in an adjustment process, and further observation is needed in conjunction with pattern changes and market conditions.
$BTC
$ETH
💎 💎
Last night, the three major U.S. stock indices showed mixed results, with the Dow Jones up 0.07%, the S&P 500 down 0.04%, and the Nasdaq down 0.05%. Bitcoin and Ethereum have once again exhibited a wedge pattern. Bitcoin is currently priced at $95,573, down 0.37%; Ethereum is currently priced at $3,330. Overall, Bitcoin and Ethereum are gradually stabilizing, while small cap altcoins are taking turns to rally, despite the popular sectors still being in a correction phase.
💎 💎
After Bitcoin broke through to around $99,500 yesterday morning, it saw a significant pullback, dipping to a low of $95,137 before stopping the decline, and then oscillated in a range during the evening. From the current short-term trend, market sentiment is quite volatile, with both bullish and bearish forces lacking clear continuation. Currently, the price is weakly declining, and the market is in a phase of weak adjustment. Although there is significant pressure above, the support below has not been broken, it is expected to maintain a range-bound oscillation pattern throughout the day. The key resistance level is at the $100,000 mark, with short-term pressure between $97,200 and $98,500, and strong support around $93,200, while the current support level is at $95,000. As there are no clear positive or negative news in the market, significant fluctuations are not expected in the short term, so range trading should continue to be the main strategy.
💎 💎
Ethereum has recently experienced consecutive declines, pulling back from a high of $3,515, hitting a low of $3,303. It has successfully reached the lower bound of the small cycle area to stop the decline, and the moving averages have shown a clear reversal pattern, with strong support near $3,300. Although the hourly moving average indicators are quite mixed, the short-term trend still needs some time to oscillate and consolidate. However, as it approaches the lower boundary, one can consider setting up short-term long positions based on the support below, moderately seizing rebound opportunities. Overall, the market is still in an adjustment process, and further observation is needed in conjunction with pattern changes and market conditions.
$BTC
$ETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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