24/12/01 BTC monthly line shows a strong bullish candle, and the pullback is still an opportunity to enter. ETH rebounds and breaks through 3700.

CN
1 year ago

MicroStrategy founder Michael Saylor cited data from HODL15Capital, indicating that there are now 60 publicly listed companies worldwide that can purchase Bitcoin through stock issuance.

The total open positions in Ethereum contracts have surpassed $24 billion, with a 24-hour increase of 5.91%. This week, there was a net outflow of $134 million from Bitcoin spot ETFs in the U.S., marking the first weekly net outflow for Q4.

Bitcoin

After a second touch at 98,600, the daily line continues to diverge downwards. Coupled with the liquidity being drawn out from altcoins led by Ethereum, it is already quite good that Bitcoin can maintain a high-level consolidation. We are also waiting for mid to long-term layout opportunities, with the first accumulation position at 85,000 and the second at 80,000, operating in batches. As long as it does not fall back below 74,000, we will only look bullish.

The daily MACD and RSI continue to diverge, and the daily line has not yet broken below MA20. If there are multiple rebounds in the future but still cannot create new highs or if there is a false breakout that falls back, be cautious of the risk of decline.

The daily line still leans towards consolidation, and at high levels, we need to continue to grind as there is not enough time and space. Patience is required.

Support: Resistance:

Ethereum

The Ethereum market continues to catch up with a monthly amplitude of 53%, with a 43% increase, which is also the largest increase in the past six months. It is currently facing the possibility of breaking through the descending trend lines near 4,093 and 3,980. The daily RSI shows slight signs of breaking through, and there is still a chance to reach 3,900 or even 4,093.

The inscription sector shows signs of starting with ORDI, SATS, RATS, PIZZA… The storage sector AR and FIL also had good increases yesterday.

Support: Resistance:

If you like my views, please like, comment, and share. Let's navigate through the bull and bear markets together!!!

The article is time-sensitive and for reference only, updated in real-time.

Focusing on K-line technical research, sharing global investment opportunities. Official account: Trading Prince Fusu

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink