December 25th


From the daily chart, BTC broke the continuous decline of the past 3 days with a solid bullish candlestick. The highest point tested the MA10 daily moving average resistance. Currently, the price is oscillating and adjusting around the MA10/30 moving averages on the daily chart. On the daily chart, we need to pay attention to whether the subsequent rebound can directly break through and stabilize above 9.9. On the 4-hour chart, yesterday evening's strong bullish candlestick broke through and stabilized above the MA256 daily moving average, which is around the 9.67 level. The rebound encountered resistance near the MA60/120 moving averages, which is around the 9.98 level. On the daily chart, we view it as a range between 9.67 and 9.98, waiting for a breakout direction.
ETH From the daily chart, ETH once again received a red K-line on the daily chart yesterday. The price broke through and stabilized above the MA5 moving average, and is about to test the MA10 moving average, i.e., the 3540 level. Looking at the 4-hour chart, the short-term rebound pressure is clearly suppressed at the 4-hour MA256 moving average, i.e., the 3550 level. Pay attention to the breakthrough and stabilization above 3550 intraday. If it breaks through and stabilizes, the rebound will continue to 3700.
BTC: Around 9.96, there is a resistance; Above 10.06, there is a resistance. The target is around 9.8; Support at 9.68/9.58, watch for 3000-5000 points.
ETH: Watch around 3450/3380 for support and look for resistance at 3550/3600; rebound towards 3600/3680 area, target around 3500.

#ETH# #BTC#
BTC-0.85%
ETH1.12%
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