12.23 Market Analysis: Bitcoin Weakens in the Short Term, Further Decline Expected

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丁君羡
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28 days ago

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  BTC: From a short-term perspective, the price is relatively weak, but there hasn't been a significant increase in trading volume. The trading volume around Christmas is expected to be low. It is advisable to treat the short-term as a range-bound market, paying attention to the minor resistance level around 98,000. If the daily chart cannot stabilize above this level, there is a high probability that lower points will emerge in the future.

ETH: The buying support at the 3,200 level is very strong, and the recent trend has been mainly range-bound, with minor resistance around 3,400.

For more explanations, please patiently watch the video. If you have any questions, you can follow the public account: Ding Junxian.

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