2024.12.16 Daytime Market Analysis

The higher the price level, the more concentrated the chips are. Currently, interest rates and monetary policy appear favorable. A pullback suggests a bullish outlook. From the data, a 25% interest rate cut is more common, effectively controlling the market for a steady rise. Trump insists on Bitcoin applications, and hot money is increasing.

On that day: 3950 is a mid-level in the rising process, with a high probability of breaking through. The overall expectation is 120,000. Ethereum-related coins can be considered for a long position.

Resistance levels: 11800, 12000, 4180, 4300

Support levels: 102000, 100500, 3900, 3850

Ethereum on that day: Continue to buy on pullbacks, long at 3920, 3930, add positions at 3860. If the pullback is minor, enter on a 5-minute signal, take profit at 4120, 4180, aiming for 4300.

Bitcoin on that day: Continue to buy on pullbacks, long positions near 1026000, 103000, add positions at 101800, take profit at 1066000, 112600, aiming for 153000.

Combining live streaming and technical analysis, pay attention to position management. For reference only: #BTC再创新高 #比特币走势分析 #BTC☀ #ETH🔥🔥🔥🔥