12.25 Wednesday Market Strategy Analysis
Yesterday, the daytime market overall presented a range-bound fluctuation pattern, while in the evening, following the opening of the US stock market, the market surged strongly, reaching a peak of 99,500 points, and then began to retract after the market closed at 2 AM.
Given that today is Christmas, the trading activity of the main players in the US stock market is expected to decline, and the overall market will likely remain volatile. In this situation, our operational strategy can focus on the intraday low of 97,000 to the high of 99,500, adopting a strategy of selling high and buying low.
Specifically, for Bitcoin, the support level is in the range of 96,500 - 97,000, while the resistance level is in the range of 99,500 - 100,000; for Ethereum, the support level is roughly in the area of 3,420 - 3,450, and the resistance level is about 3,540 - 3,600. Investors should closely monitor these key points, flexibly adjust trading strategies to respond to potential market changes, seize potential trading opportunities, and pay attention to controlling risks to avoid unnecessary losses due to market fluctuations.
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