🎈12.12 afternoon market view.🎈
$BTC opinion:
The big coin's volume breaks through 92358, with the hourly closing price staying above 92358, look to buy on the right side, and recover the stop loss.
91883 breaks down with volume and cannot recover; look to sell on the right side, and recover the stop loss. Pay attention to volume changes and manage your stop loss well.
If it pulls back to 91411 and shows a false breakdown, add one more position; if it breaks below the false breakdown point or 90262, stop loss.
If you can't recover, don't go long.
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The big coin breaks through and stabilizes at 92705, looking up to 93687-94547. A breakthrough at 92705 has a chance to test the previous high.
When shorting the big coin, watch for a 2B false breakout at 93687 to sell one position, and stabilize with a stop loss at 94547.
Conservative players wait: 89382 to go long, stop loss at 88857.
The market always happens in the early morning; can you handle it? I must say, the support at 89358 for the big coin is quite strong; it has been tested downwards multiple times without breaking, forming a multiple bottom pattern. The position at 89358 should not break; once it does, it will cascade down. I hope the support at 89358 can hold. After the big coin breaks the triangle, it spikes up to the resistance at 93658 and shows a pullback, confirming the support at the triangle's lower boundary as valid.
As long as the big coin can maintain its position above the triangle's upper boundary, there is still a chance to test the previous high. If it falls back into the triangle, it will test 89358 again. Hopefully, this rebound can create a new high; otherwise, it will have to go down. Currently, the big coin needs to stabilize at 92761 to move upward.
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Upper pressure: 92761-93658-94555
Lower support: 91427-90300-89358
4-hour level: 91500 breaks down, looking down to 90374-89358.
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$ETH thought:
The second coin's volume breaks through 3250; look to buy on the right side, and recover the stop loss.
3211 breaks down with volume; look to sell on the right side, and manage your stop loss well.
Pull back to 3180 to confirm support as valid; add one more position,
stop loss at 3132.
The second coin stabilizes at the hourly level of 3285, looking up to 3316-3354.
For the second coin, pay attention to 3357 to sell one position,
stop loss at 3398.
Left-side spike order: 3120 to go long, stop loss at 3070.
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Upper pressure: 3285-3316-3354
Lower support: 3208-3180-3130
4-hour level: 3216 breaks down, looking down to 3180-3136. If the second coin can run above this bullish trend line, the arc bottom at the hourly level will form, and we can see the second coin near 3400 again. If it cannot stand on this bullish trend line, it will be an important resistance level for the second coin. Meeting adjourned.
