Following the analysis of the market trends for Bitcoin and ETH in the previous post on December 1st,

today Bitcoin and altcoin have also reached a critical resistance level.

Bitcoin has rebounded from 83777 to a maximum price of 93927, and is currently in a healthy correction and consolidation phase. The bullish strength still dominates, and it may continue to attempt a breakthrough above 93000. If it can stabilize above 93000, this resistance level will likely turn into a support level, and next, it may continue to test the 96000 position. If the second breakthrough above 93000 encounters significant selling pressure and cannot stabilize, it may continue to decline. The altcoin follows closely.

For those who haven't entered yet, pay attention to the 93000 level. If it can effectively break through and stabilize, you can go long one lot; otherwise, if the second breakthrough strength weakens, you can short one lot at the 93000 resistance level.