2024.12.19 Daytime Market Analysis
Currently, there is still a downward demand in the short term, waiting for a real positive release or for Trump to take office, then Bitcoin will start to rise slowly.
Spot: Regarding expectations, the interest rate cut expectation is slowing down. Previously reminded to take out the principal first, and then add positions when it returns.
On the day: Currently slowly recovering, constantly making spikes to create divergences, do not chase short positions, take a break on long positions, short at a slightly higher rebound.
Resistance Levels: 3730, 3810, 103000, 100600
Support Levels: 3520, 3450, 96800, 94500
Ethereum on the day: 3520, 3500 support for long positions, 15-minute divergence stop loss, take profit at 3720, 3750 (long positions do not have a pattern, exit with profit).
Bitcoin on the day: Daily line touches top signal, short-term rise then drop, short at 100600, 101000, or short at a rebound of $1500, take profit at 97500, 95200, 94500.
Every support level for long positions can have a signal to enter, rebound strength is not strong--
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