有志币青年

Today the market is looking green, and many people's moods are also a bit lighter. Currently, Bitcoin and Ethereum are in the second wave of a small upward movement, but if last night's rebound high cannot be surpassed, there is likely to be a small-level pullback during the day.
Friends who like to go long can wait for opportunities near key support levels, as long as Bitcoin does not break below 87900, the 4-hour level rebound is still in play.
Last night's rebound caused the daily KDJ indicators for Bitcoin and Ethereum to begin turning upward, and the overall sentiment is somewhat calmer than it was a few days ago. However, if you are used to shorting, it is recommended to try lightly at resistance levels, such as around 905 or 916 for Bitcoin, and around 3020 or 3065 for Ethereum. After all, it has already fallen quite a bit, and pursuing shorts may not yield much profit but carries considerable risk. It is better to patiently wait for a rebound at higher positions before considering short positions, or to look for low long opportunities for more stability.

Yesterday in my analysis, I mentioned the support level a bit too low, and I didn't expect the market to rebound right to that point before dropping again. I apologize for that. Next time, I will mark the position a bit higher to make it more reliable.
At night, neither Bitcoin nor Ethereum managed to break through the resistance and both dipped further. Ethereum fell below its previous low and performed weaker than Bitcoin.
The key point for Bitcoin's movement today is the 93300 level.
Only if it stabilizes above this position can we consider the 4-hour level to truly begin a rebound. If it stabilizes, the resistance levels to watch above are around 94550, 95800, and 96800.

Today the market is again in the red, Bitcoin has dropped by 3 points, Ethereum and BNB have fallen by more than 5 points, and SOL and some altcoins are worse, directly dropping by around 10 points. Many brothers might have been happy last week, but today they are a bit confused—how come on Monday, with just one comment from Huangmao, the market just crashes down?

This is actually the market; as soon as there is a breeze of news, emotions can easily tilt to one side. But when we trade, we can't just follow emotions. Altcoins are highly volatile; they surge fiercely and drop hard. Many people playing around find that making money and actually having money are two different things.

Last night, the market was once again manipulated back and forth, the first support level has been tested several times consecutively, but the strength of the rebounds has been getting weaker and weaker. This kind of trend indeed reminds one of the possibility of a 'Christmas massacre'—with liquidity decreasing before the holiday, the market becomes more susceptible to manipulation by large funds.
Currently, the overall market sentiment is quite low, with no positive news to stimulate it, making the rebounds appear very fragile. Therefore, the strategy can be clarified: if the rebound cannot break through the key resistance level, focus on short selling; wait until it drops to the major support area before considering low-buying to go long.
Today's key point for Bitcoin: Pay close attention to the level of 87500.

First, let's talk about the recent rhythm - on the night of the 11th, I reminded everyone to short, and on the afternoon of the 19th, I suggested starting to go long. Looking at it now, the trend is basically within expectations. You may not believe the specific points I reported, but for the big directional judgment, I suggest everyone take it into consideration. The market's feel can sometimes really be trusted.
Last night it already pulled back, so today during the day we’ll look for a rebound. But the rebound isn't just a random bounce; the key is to look at the position. Only if it stabilizes at the key position can this 4-hour level pullback be considered over, allowing the market to continue moving upwards. If it can't get above, then it still needs to grind down a bit.