Sunday, December 24, 2023

The weekend is coming to an end, pay attention to short-term opportunities~

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Bitcoin mining company Stronghold completes a $15 million equity financing

Extra: The bull market is here, and the spring of mining companies has arrived~

Data: In 2023, Bitcoin surpasses Ethereum in market value, NFT, and mining aspects

Extra: Just want to tell you that big brother is always big brother!

Bitcoin

1. Daily chart: After breaking through the $40,000 level, the price has remained volatile, and there is still an upward trend if the later pullback does not break this level.

2. 1-hour chart: After a short-term breakthrough of the $43,300 level, there is some volatility, and there is still an upward trend if the later pullback does not break this support.

Ethereum

Daily chart: After breaking through the $2130 level, there is some volatility, and there is still an upward trend if the later adjustment does not break this level.

2. 1-hour chart: After a short-term breakthrough of the $2260 level, there is some retracement, and there is still an upward trend if the later retracement does not break this support.

Bitcoin

1. Yesterday's view:

Summary: After a short-term breakthrough of the $43,300 level, there is some volatility, and there is still an upward trend if the later pullback does not break this support. The upper resistance is at $44,800 and $45,850; if it breaks below, it will enter a retracement trend again, and the lower support is at $41,900 and $40,600.

2. Later trend:

The later trend maintains volatility after the retracement does not break the $43,000 level, reaching a high of $43,920.

Ethereum

1. Yesterday's view:

Summary: After a short-term breakthrough of the $2260 level, there is some retracement, and there is still an upward trend if the later retracement does not break this support. The upper resistance is at $2340 and $2400; if it breaks below, it will enter a retracement trend again, and the lower support is at $2188 and $2120.

2. Later trend:

The later trend successfully broke through the $2260 resistance and continued to rise, reaching a high of $2317.

Bitcoin

Summary: After a short-term breakthrough of the $43,300 level, there is some retracement, and there is still an upward trend if the later pullback does not break this support. The upper resistance is at $44,800 and $45,850; if it breaks below, it will enter a retracement trend again, and the lower support is at $41,900 and $40,600.

Ethereum

Summary: After a short-term breakthrough of the $2260 level, there is some retracement, and there is still an upward trend if the later retracement does not break this support. The upper resistance is at $2340 and $2400; if it breaks below, it will enter a retracement trend again, and the lower support is at $2188 and $2120.

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