12.31BTC/ETH Market Viewpoint:

The market dipped down at midnight followed by a rebound forming a deep V, clearing out some of the long positions that chased after the price rise. The market is still in a range-bound consolidation and hasn't broken out. Resistance is at 119000-120000 above, and support is at 117000-116000 below. Trading should continue to focus on high shorts and low longs within this range.

Bitcoin has three consecutive bearish candles, with yesterday's daily candle closing as a bearish doji. Short-term resistance to watch today is at 118500-119500-120500. Consider entering high shorts around these levels. Support below is at 116500-115500-114500, and for low longs, observe these levels for potential entry opportunities.

Ethereum's daily candle closed as a small hammer bullish candle, showing relatively stronger momentum compared to Bitcoin. Short-term resistance to watch today is at 3870-3900-3950. Consider high shorts around these levels. Support below is at 3700-3650-3600, and a pullback to these levels is an area to consider for low longs.

The market is oscillating back and forth at high levels, with V-shaped movements. As always, do not chase after price rises or falls. Until the range is broken, focus on opportunities for high shorts and low longs. #以太坊十周年