12.31 Early Morning Market Analysis and Trading Suggestions

The Bitcoin price has declined as expected, currently operating around 93450,

BTC

Bitcoin has seen a significant drop, with a minor rebound during the day that failed to break the first resistance level. In the evening, it fell below 93600 and dropped directly. The first support at 92482 has been broken, and the next support is around 90286.88069. During the night, watch for minor level rebound resistance at 92959.94062. At least, it needs to break through these two resistance levels for the market rebound to gain strength,

ETH

Ethereum has once again hit the hard support at the bottom of the consolidation zone at 3300. This support is also a significant multi-directional support on the weekly chart, so it must break below this level to continue looking downward, with support levels below at 3220.3104.3038 nearby. If it does not break below 3300, the market will remain in a range-bound fluctuation. The resistance above is at 3383.3445. It must break through these two resistance levels for the market to continue looking upward and reverse at #BTC☀ .