12.25 Early Morning BTC Trend Prediction and Analysis
Based on ETH's intraday "deep V rebound" volatility characteristics, combined with the relationship between short-term capital momentum and key price levels, the early morning bullish and bearish trends will revolve around the core competition at the 2940 mark, detailed as follows:
Bullish Direction Prediction
1. Signal to Start: If the price stabilizes at 2940 in the early morning and trading volume continues to expand, while major cryptocurrencies rise simultaneously, the bulls will initiate a second upward attack.
2. Target Level: The first resistance level is seen at 2950 (the intraday rebound pressure point), and if broken, it could challenge the intraday high of 2957.94; if the volume continues to follow, it may test the short-term extension range of 2960-2965.
3. Support Level: 2935-2940 will become the core support area for the bulls; if the price retraces to this range without breaking it, the rebound trend will not be interrupted.
Bearish Direction Prediction
1. Weakening Signal: If the rebound volume shrinks rapidly in the early morning, and the price falls below 2940 and breaks 2935 (recent rebound platform), the bears will gain control of the trend.
2. Downward Target: The first support level is seen at 2920-2925 (rebound continuation low), and if broken, it will test the integer support at 2900; if selling pressure intensifies, it is highly likely to retrace to the intraday low of 2886.75.
3. Resistance Pressure: 2935-2940 will turn into a key resistance area for the bears; if the price struggles to break through this range, the downward momentum will accelerate.
Keep up with the captain's rhythm, accurately catch the oscillation wave in the early morning, and let the captain guide you to seize short-term profit opportunities, steadily reaping rewards!
