Daily Market Analysis of the Cryptocurrency Circle (12.30)

Summary:

The daily level of BTC has not yet fully declined and will continue to break new lows. There is some rebound space at the smaller levels. Currently, ETH's performance is slightly stronger than Bitcoin. Both are undergoing a central oscillation adjustment around the 4-hour level with reduced volume. In the next couple of days, there may still be a new low to hunt for the long stop losses below the parallel bottom. Don't be afraid when it reaches the lower range; you can make a rebound trade here. This is what was mentioned in the last two days, that Bitcoin can drop to a new low and then still rally to 100k+. After all, there has been significant divergence internally at the 4-hour level, and it's time for a rebound. Additionally, if you are stuck in a position, this rally to 100k+ is your chance to escape. Don't harbor illusions that new highs will be made, at least not at this moment, because it has been stated that the daily level has not completed its decline. Any upward movement is just a 4-hour internal rebound. There are only two ranges for the pullback bottom: 85000-89000 is the first range, and 77000-80000 is the second range. Do not start building positions in the spot market until reaching these two ranges. In the first range, you can buy a little, and in the second range, you can buy heavily.

Operations:

$BTC , go long at 91500, stop loss at 89000, take profit at 99500

$ETH , go long at 3285, stop loss at 3100, take profit at 3500

$SOL , go long at 180, stop loss at 170, take profit at 208