12.18 Wednesday Pie fell and rebounded yesterday, accurately reaching the first target, but failed to reach the second target. Maybe the energy below is not enough, and it takes time to convert the space to continue climbing. However, the rebound of 2,000 can also be eaten.
Technical analysis of the four-hour chart shows that each wave of highs is accompanied by a wave of decline and adjustment, forming 3 waves, 99600 position of wave 1, 104630 position of wave 2, and 108366 position of wave 3. After the highs, there will be a sharp decline, and the current attached indicator forms a dead cross, the short-selling volume, and the overall shape is biased towards a downward signal. The intraday idea is to look at the decline first
Reference idea 106600-107000 area in batches, the target is 104200, and the break is 102000

December 17th Bitcoin and Ethereum Market Review and Analysis:
Recently, the market focus has been on Bitcoin, with capital flows clearly favoring Bitcoin, leading to a price surge and attempts to stabilize at a new level. The Coin Victory Group believes that although Bitcoin may experience sideways fluctuations after its rise, the opportunities for altcoins have yet to arrive. It is expected that after a possible further interest rate cut by the Federal Reserve, market funds will be reallocated, benefiting altcoins.
The Coin Victory Group believes that although some altcoins like MEME coins and inscription coins are temporarily unsuitable for investment, not all altcoins will lose value. In historical bull markets, the pattern of Bitcoin rising first and then consolidating, followed by a surge in altcoins, may repeat. At the same time, although Ethereum is currently underperforming compared to Bitcoin, with the injection of new funds, especially the participation of large investment institutions like BlackRock, Ethereum's breakout is just a matter of time.
Finally, the Coin Victory Group emphasizes that this week's market focus is on economic data and the Federal Reserve's interest rate meeting. Investors should pay attention to the upcoming November sales data, third-quarter current account data, as well as GDP and PCE data. The release of this data will provide good opportunities for long positions, and investors are advised to focus on the lows and take profits in a timely manner, as highs may gradually increase.

From the daily chart level, there are currently no significant changes in the technical aspects. The mainstream support is very strong. The current MA30 and BOLL continue to resonate upwards, and the increase in MA30 has strengthened. The upper band of BOLL is continuously widening. From the 12-hour level, a change in rhythm has appeared with the MACD showing a sticky upward turn in the middle. Currently, the coin price continues to rise strongly towards the upper band. In the main chart, the three-day MA is showing a bullish arrangement with rising moving averages, which means that the short-term increase has not yet ended. The suggested strategy is still to buy on dips in batches. Specific points of reference are: BTC: 106200-105200 buy, target 108200
ETH: Buy around 3970-3930, target 4070

Ethereum is about to explode

I provide everyone with a signal for the peak of a bull market: if the people around you who used to be in a losing position are making money, starting to think about buying houses and changing cars, frequently hosting dinners and giving out red envelopes, crazily showing off and teaching others how to trade cryptocurrencies, and engaging in grand discussions about the state of affairs, then remember, the market is likely coming to an end.

BTC：
On the daily chart, Bitcoin did not close as a high-position doji but instead formed a large bullish candle. Combined with some current market news, Trump is continuously providing positive developments for the cryptocurrency market. Although the Federal Reserve's interest rate cuts are not as impactful as before, in the context of a strong bullish market, it is merely a bonus. The closing price also did not show any signs of decline, and the daytime trend basically did not provide any pullback opportunities. The previous high of 107833 is about to be broken again, and reaching 110000 in the future will not be very difficult. In short-term trading, if there are no pullback opportunities for long positions, then just enter at the current price. Start with a light position and you can add more later; the target is above 110000, so manage your entry opportunities accordingly. In short-term trading, control risk, and take responsibility for your own profits and losses;
ETH：
On the daily chart, Ethereum's recent surge has broken the previous short-term high of 4096, reaching 4109. As long as Ethereum effectively holds above 4000, this level will turn from resistance to support. Coupled with Bitcoin's rise, Ethereum will surely be affected as well. Currently, after breaking the high, if the market rises again above 4109, Ethereum will accelerate its rebound, with the next target around 4300. The daytime trend also does not provide pullback opportunities, and the daily close is not a strong short signal. In trading, you can also follow Bitcoin, starting with a light position and adding more later. After Ethereum breaks through the 4100 level again, the upward momentum should not be small, with the target around 4300. Manage your entry opportunities accordingly; in short-term trading, control risk, and take responsibility for your own profits and losses;

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