On the evening of the 21st, a post was made predicting the market's potential, providing a fluctuating range of 98500-95200 for the afternoon market confirmation. The main coin was blocked at 98500, dropping to 94400 for precise confirmation! The second coin was given as 3430, facing pressure and dropping to 3280 for the next day's confirmation! On the morning of December 22, after the market moved, the main coin rebounded, and the second coin declined, both moving in sync for a while, all confirmed!!!
Let's take a look at these two days. Starting from 1 PM on the 22nd, when a small bullish bar was formed, the main coin pulled back to around 97200. From 4 PM onwards, there were four consecutive bullish hourly bars, but overall it was diverging. At 8 PM and 9 PM, two bearish dojis were formed, with trading volume showing more selling pressure, but the MACD indicator was approaching the zero axis, indicating that the main force was contesting around 97200, which is the boundary point between bulls and bears. During the main coin's rebound, it was heavily sold off, and within just one hour, a large bearish bar dropped two thousand points! During this period, the second coin fell by a hundred points in sync.
After the large bearish bar closed at 10 PM, an hour later, a bullish doji star formed, beginning to oscillate and repair the indicators. During this time, buying pressure remained relatively strong, stabilizing the price here, oscillating around 95000 within a thousand points. After the second doji star closed at 9 PM, the market oscillated widely around 94200 with a two thousand point range!
In the morning, the main coin dropped to around 92500, rebounding to 95000, but this process showed a divergence in volume and price. After four bullish bars, four bearish bars followed closely behind. No need to think; the current trend is predominantly oscillating.
During the day, we will observe a fluctuation in the range of 92500-95200.
For Ethereum, we will see a large space oscillation between 3313-3473.
