Saturday, December 16, 2023

After a significant late-night spike, has the oscillating trend changed?

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Bitcoin

1. Daily Chart: After breaking above the 38000 level, there was a slight pullback. There is still an upward trend if the pullback does not break through.

2. 1-hour Chart: After a short-term break below the 43500 level, there was a rebound test. There is still a downward trend if the rebound does not break through this resistance.

Ethereum

1. Daily Chart: After breaking above the 2150 level, there was a slight pullback. There is still an upward trend if the adjustment does not break through.

2. 1-hour Chart: After a short-term break below the 2330 level, there was a rebound test. There is still a downward trend if the rebound does not break through this resistance.

Bitcoin

1. Yesterday's Viewpoint:

Summary: After a short-term break below the 43450 level, there was a rebound test. There is still a downward trend if the rebound does not break through this resistance. Support below is at 40300 and 37700; if it breaks above, it will return to the upward trend, with resistance at 45200 and 46180.

2. Future Trend:

There was a slight rebound in the future trend, but it did not break through the 43500 level, and there was a subsequent decline, reaching a low of 41638.

Ethereum

1. Yesterday's Viewpoint:

Summary: After a short-term break below the 2330 level, there was a rebound test. There is still a downward trend if the rebound does not break through this resistance. Support below is at 2120 and 2020; if it breaks above, it will return to the upward trend, with resistance at 2450 and 2510.

2. Future Trend:

There was a rebound in the future trend, but it did not break through the 2330 level, and there was a subsequent decline, reaching a low of 2195.

Bitcoin

Summary: After a short-term break below the 43500 level, there was a rebound test. There is still a downward trend if the rebound does not break through this resistance. Support below is at 40300 and 37700; if it breaks above, it will return to the upward trend, with resistance at 45200 and 46180.

Ethereum

Summary: After a short-term break below the 2330 level, there was a rebound test. There is still a downward trend if the rebound does not break through this resistance. Support below is at 2120 and 2020; if it breaks above, it will return to the upward trend, with resistance at 2450 and 2510.

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