$BTC 6 on December 12th: Day Trading Ideas

BTC Brothers, good afternoon everyone! I'm here with the market trends and ideas again! Damn, this wave of CPI is remarkably lower than expected, so why is BTC not rising but instead falling? I took a look, and the big coin has been moving for 3 days without breaking through 110300, forming a clear double top! Now the big coin is getting weaker and has dragged down the promising Ethereum! This wave of Ethereum shorts has also exploded, and longs have exploded too! Previously, we were bullish on the big coin and bearish on Ethereum! Now it feels reversed! Back to the market, we are currently undergoing a 4-hour level pullback. The first support level at 108500 mentioned yesterday has been broken, so the next support level is around 106500 at the daily level! Long positions are waiting to enter here! The pressure ahead has reached 108500 and 109000! Only if it rebounds and stabilizes above 108500 for at least 1 hour, will the market continue to rebound upwards! Otherwise, we will only look at the pullback! Currently, the rebound strength is not strong, so do not enter long positions midway!

ETH Originally having a great outlook, Ethereum has been dragged down by the big coin. Currently, Ethereum is also in a pullback trend, with the upper 4-hour level resistance at 2780! Only if it rebounds and stabilizes at 2780 can the market continue to rise! The pressure levels ahead are still at 2830, 2860, and 2920! If the 4-hour level rebound cannot break and stabilize at 2780, then the market will continue to pull back. If it breaks below 2750, we can short with light positions, and the lower take-profit levels are: 2710, 2680, and 2660! Long positions are waiting to enter!

SOL Solana has just reached the daily level support near 160 yesterday! If the 4-hour level rebound stabilizes at the 163 resistance, the market can continue to rise! If the 4-hour level rebound cannot even reach 163, then the market will continue to pull back. The lower support levels are around 160, 158, and 155, where long positions are waiting to enter! $BTC