12.31 Monthly and annual lines will close, the last struggle of the bulls, will it end in failure?

The Bitcoin market has reached a temporary bottom, with very weak demand for a weekly rebound. The overall market trend does not look good, as it has been repeatedly pushed down by significant resistance. The overall market may be experiencing a new strong trend led by Ethereum, while other sectors are weak. It can be considered that Ethereum is still accumulating, while Bitcoin continues to weaken. The focus should be on Ethereum, and going long on Ethereum may be a relatively good choice.

BTC Daily - 4 Hour Level Market Analysis

The larger trend for Bitcoin is still bullish, but the 4-hour level has turned into a bearish trend. We will temporarily wait for a rebound at the bottom; there is still demand for long positions. Since we are choosing to go long at a low price, we should look for a bullish move upward.

Around 87000 serves as the point for going long at a low price and the recent support near 91500; we should pay attention to whether it is effective. If it falls below 90,000, then Ethereum will also be in danger.

ETH Altcoin Large and Small Level Analysis

ETH is stronger than Bitcoin; betting on Ethereum can be pursued. The support level for Ethereum is around 3300; this level can be contested without major issues. If it breaks, then we have nothing left, with the support breaking around 3270. The target for Ethereum is to aim for a bullish move towards 3500, with the overall accumulation focused on Ethereum helping the altcoins take off.

As the year-end approaches, everyone should pay attention to risks and ensure they have funds set aside for the New Year. Both contracts and leverage require attention to risk control capabilities. #MicroStrategy增持BTC #加密ETF申请热潮涌现