【2023.12.18 BTC/ETH market analysis】

In the morning, Big Pie and Ether fell on the weekly opening line, and just stepped on the support level of the previous week and began to rebound. Old fans should all know that I posted an article warning about the risks of this daily-level correction at the beginning of the month. I don’t know if anyone believed me in reducing my position.

This week, pay attention to the support near 4w for the pie. Pay attention to the support near 2100 for ether. If it breaks, it will continue to fall. The pie will continue to rise only if it stands above 4.3w. The pressure above ether is around 2300. Please pay attention!

Today’s order ideas:

Ether's current 1/2/4 hour short-term daily line correction, small-level rebound focus on the three positions of 2188-2195-2215, if the rebound does not break through the short position, the lower target level (support level) is near the two positions of 2155-2115. If the rebound stabilizes at 2215, it will start to rebound in 4 hours, and the upper pressure will be around the three positions of 2240-2251-2265.

The short side of the pie is currently pulling back on the daily line in the 1/2/4 hours. For small-level rebounds, focus on the three positions of 41300-41620-41850. If the rebound does not break, go short. The lower target level (support level) is at the three positions of 40800-40550-40200. Location nearby. If the rebound stabilizes at 41850, it will start to rebound in 4 hours, and the upper pressure will be around the three positions of 42270-42480. #BTC #ETH。