Tonight is Christmas Eve and the US stock market will close three hours early, followed by a day off tomorrow for Christmas! Every year, Christmas has not escaped a decline, and this time is no exception, with Bitcoin falling from around 108,000 to about 92,000! This can be understood as the market makers taking money home for the New Year, which requires selling, leading to a drop in coin prices! Without the interference of the US stock market, Bitcoin's volatility will calm down significantly, so today is likely to be a fluctuating market! Without institutional buying, there will be a situation of insufficient liquidity! In fact, this rebound to 92,500 did not meet my expectations; the rebound strength is still relatively weak, and the upper level of 96,500 has been touched three times without breaking through. Therefore, short-term pressure can be referenced around 96,000-96,500! The support below is still around 92,500-92,800. After Christmas, the overall trend will still be upwards, and I expect a nice market trend in January! $BTC $ETH
I only look at naked K indicators. Whether you talk about chart patterns or whatever, I won't understand. I only believe in my own support and resistance levels. I don't even look at what the upward 📈 channel or downward 📉 channel is; I don't learn it either. Isn't yesterday's left-side resistance level building a position directly hitting the lower support level the simplest example? Every day, I talk about resistance and support levels, and I’ve said if you don't understand, just come ask $BTC $ETH .
12.24 Morning Discussion: Bitcoin funds flowing into Ethereum, Bitcoin's short-term second bottom test, possibility of a W bottom. Anyway, I won't be participating in Bitcoin recently; it's highly unlikely to break through 108,000 in the next two months, but it might still test the 102-104k range soon. Currently, Bitcoin's price is low, seeing 100k near 90, and 94k is a relatively suitable price, with an upper space of 10,000 points. However, I am still relatively optimistic about Ethereum; let's buy the dip around 70k for Bitcoin at the end of January.
Isn't it possible to hold this left-side position with thousands of points of space? Yesterday's market conditions were just like whack-a-mole, popping up but never able to go up; it inevitably comes back down to continue testing support. I've also mentioned many times in the skirt $BTC $ETH .
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王林航u
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Today's wealth code has been issued! $BTC $ETH $SOL
12.23 Morning Briefing: On Monday, Bitcoin's four-hour closing line at 97400 is critical; if it doesn't go up, the trend won't go up either. The support below is 94137.92338. The spike positions are 90286.85589. For Ethereum, pay attention to the 3400 mark. If the four-hour closing line doesn't stabilize above 3400, continue to look at the lower target support: 3263.3104.3038$BTC $ETH
Good morning, brothers. There is no fluctuation in the market over the weekend. Let me briefly talk about Hangzi's current view on the market. Bitcoin's short-term pattern looks good. After breaking through the trend line, it will step back on the moving average. It is expected to consolidate sideways for a period of time and then continue ⬆️📈. Hangzi believes that the small cycle has not yet reached the top. Pay attention to the pressure of 100000.102000.104000 above. This wave of retracement looks at the upper edge of the 104000 range There is nothing much to say about Ethereum. The big target is 4400 and the small target is 3720. 3720 can be cleared to make a wave. 📉 Then enter $BTC $ETH
12.21. Saturday Morning Discussion with Hangzai: Good morning, brothers. I woke up this morning, took a look at the market, and went back to sleep for a bit. Let's discuss Hangzai's upcoming 4️⃣ routes and opinions. Bitcoin has rebounded after reaching 92,000-94,000 as I mentioned a few days ago. I personally see this rebound reaching around 102,000, but in the near month, it is likely to fluctuate in the 90,000-100,000 range. Then, from late January to early February, it is expected to have a significant correction, completing Bitcoin's weekly pullback. This month, while Bitcoin is fluctuating, we might see an altcoin season. With Bitcoin's price relatively high and ample funds, profits may flow into Ethereum and smaller coins, and Ethereum's exchange rate may also show a significant rebound trend. Regarding Ethereum, after reaching weekly support yesterday, it had a spike and rebounded, closing positively on the daily chart. Looking forward, the local resistance levels are 3600-3650, with a swing target of 4400. The goal is to break the 4100 level and fluctuate above it, enticing more buyers and distributing chips, then start a significant pullback. It is recommended to focus on Bitcoin swings in the near term, with Ethereum and ALTS for gains. For strategic layout in the big cabin, wait until February to start.
12.20 Midnight Discussion: Bitcoin's highest rebound today began to fall near the second resistance level of 102877. A rebound that does not break through means there will be a second downward test. The resistance level was given during the day; can't we set a stop loss? With such a good entry point, what technical analysis is needed? This isn't just a chance to gain two thousand points. Currently, the one-hour level rebound has ended. The lower target support: 98800.95696.94137. The pin position is around 91000, with rebound resistance at 101460.103000. Brothers, pay attention at night to whether Bitcoin can rebound and break through the position of 101460 again. Only a daily line breakthrough and stabilization at this position will provide an opportunity for a second upward movement; otherwise, it will be a daily line level correction. Ethereum's current one-hour rebound has ended, now entering a one-hour continuation down 📉, with lower target support: 3540.3478. The pin position is 3358.3260. Upper rebound resistance is 3670.3730.3822. SOL's highest rebound reached the first resistance level given during the day at 212, accurately allowing brothers to get on board. Currently, it is entering a one-hour continuation down 📉, with lower target support at 200. If this position breaks, pay attention to the pin positions near 185.172. The upper rebound resistance is near these three levels: 208.213.218.
Some fans asked me why I didn't suggest selling near 108,000 to avoid a peak, because I look at higher timeframes, for example, when I see 53,000 I expect 100,000. Entry and exit signals are based on higher timeframes. The logic is about which timeframe to enter and which timeframe to exit, and it shouldn't be about entering on a weekly chart and exiting on a daily chart. For instance, if you look at Dogecoin on a weekly level from 0.1 to 0.5, and you exit at 0.15 based on a 4-hour resistance, that's clearly a flawed trading logic. Here, the 5-day and multiple daily periods are weakening under the condition that the daily chart breaks below 100,000, with the daily chart dropping below 100 on the CCI, indicating a weakening trend, which is a signal for bulls to exit. Therefore, if Bitcoin closes below 99,700, we need to exit our previously suggested second batch of spot entries at 94,000 and wait, which is also why I've repeatedly emphasized not using any leverage in the first round of the market, due to the high risk. The key point is 99,700. The same applies to Ethereum! I'm mentioning all of this to everyone at once, so I don't have to explain it to each of the several hundred people individually; I truly can't keep up. Please understand, everyone.
According to my analysis idea, I will place long-term orders at 110000 or long-term Dodan at 92000-94000, and will not participate in the long-term position of Bitcoin in other areas. $BTC
After Bitcoin announced the interest rate cut by the Federal Reserve, as expected, the short-term market performance was average and a weak decline occurred. There are currently two supports that need to be paid attention to: around 99000.94000. If it falls below 990, everyone needs to pay attention to risk control and wait until around 94000 to consider it. Layout orders and spot goods
The weakening of Ethereum has brought about the collapse of copycats. The current support that needs to be paid attention to is around 3500. It basically depends on the situation of Bitcoin. If Bitcoin falls below 990, then Ethereum will be brought below 3500. There are some near 3500. This is an opportunity to place multiple orders with Zhisun. If you are taken along with Bitcoin, just wait for the time of placing Bitcoin to synchronize. $BTC $ETH