Sunday, December 17, 2023

Narrowing Oscillation Range, Pay Attention to Breakout Direction

VanEck CEO: Bitcoin Will Hit a New All-Time High in the Next 12 Months
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Ordinals Founder: Runes Protocol Mainnet to Launch When Bitcoin Halves Next Year
Extra: We Chose This Time After Careful Consideration~

Bitcoin
- Daily Chart: After breaking above the 38000 level, there was a slight pullback. If the pullback does not break, there is still an upward trend.

- 1-Hour Chart: After a short-term break below the 43500 level, it maintained oscillation. If the rebound does not break this resistance, there is still a downward trend.

Ethereum
- Daily Chart: After breaking above the 2150 level, there was a slight pullback. If the adjustment does not break, there is still an upward trend.

- 1-Hour Chart: After a short-term break below the 2320 level, it maintained oscillation. If the rebound does not break this resistance, there is still a downward trend.


Bitcoin
Summary: After a short-term break below the 43500 level, it maintained oscillation. If the rebound does not break this resistance, there is still a downward trend. Support below is at 40300 and 37700; if it breaks above, it will return to the upward trend. Resistance above is at 45200 and 46180.
Ethereum
Summary: After a short-term break below the 2320 level, it maintained oscillation. If the rebound does not break this resistance, there is still a downward trend. Support below is at 2120 and 2020; if it breaks above, it will return to the upward trend. Resistance above is at 2450 and 2510.


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