Looking back at the market, the coins that were publicly shared in the last live broadcast, including SSV, WLD, and ARKM, have performed well recently. They are completely in line with the expected points. Ethereum started to make up for the rise in the second layer of the altcoins, followed by pledge and lending. Which sectors will have breakthrough points in December? The current market of Bitcoin is fluctuating in the overall range. The test of the bottom of 90,000 several times did not break through, indicating that the support at the bottom is relatively strong. The overall downward movement of the second coin yesterday was not very large. It was directly pulled back in the early morning to stabilize the support level in the range of 3540-80. For the current market, you can basically make money with your eyes closed. As long as you don’t blindly follow the trend and chase high prices, there will be no risk of being trapped. The live broadcast said that the AI sector will also start to pull a wave last night, but it was just following the general rise of the altcoins. It has not really started yet.
BTC is currently rebounding from the bottom. According to the current trend, 98000-99000 is the short-term resistance level. Pay attention to the support level of 94000 below and the range of 97500-98500 above. Bitcoin has been positive for eight consecutive weeks, which has given a clear signal that we should pay attention to risk control. Now the accumulation of funds at high levels is also a positive for the market.
ETH yesterday's morning review also mentioned that it just fell back to the position near 3530. It is a normal phenomenon in the market that it rebounded after a wave of highs. It has stabilized in the 3540-80 range in the four-hour period, so the market will enter the next stage. Pay attention to the bottom support level near 3550 during the day, and pay attention to the position of 3680-3720 during the day.
