【2023.12.08 BTC/ETH market analysis】

Yesterday morning, I posted an article saying that if Ethereum could not rebound, it would fall back. I reminded the group again at about 4 p.m. that there would be a correction. It started to plummet after 5 p.m., and it was not until evening that Ether began to trend independently.

At present, Ether has risen to near the first target level of 2375 that I posted early last night. At this position, you can make appropriate actions to reduce your positions. If it breaks through and continues to rise, you can pay attention to this pressure level!

Today’s order ideas:

The market is relatively weak at the moment, with a 1/2 hour rebound and a 4 hour correction. Pay attention to the position of 43650 for the rebound. If it stands firm for 4 hours and enters the long side, the upper target is around 43910-44050-44330.

If the rebound fails to reach the 43650 level, it will continue to trade sideways in 4 hours, near the lower support levels of 43050-42820.

Ether is currently strong, and all levels are bullish. Pay attention to the 2338-2314-2295 positions during callbacks. If you don’t break through, get on the train. The top target is 2434-2478, but the key point is to pay attention to the 2375 position. You must stand on it. Just fine.

Ether leads the rise today, focus on the second-layer Ether sector: op/arb/rdnt/magic, etc. #BTC #ETH。