Monday, December 25, 2023
After a night of decline, have the bears opened?
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US - NYSE Closed for Christmas Day
US - ICE Brent crude oil futures contracts suspended all-day trading for Christmas Day
US - CME Precious metals, US oil, forex, stock index futures, and agricultural product contracts suspended all-day trading for Christmas Day
I. Bitcoin
- Daily chart: After breaking through the 40000 level, the price maintained volatility, and there is still a possibility of continued upward trend if the subsequent pullback does not break.
- 1-hour chart: After a short-term break below the 43300 level, the price continued to decline, and there is still a possibility of further decline if the subsequent rebound does not break this resistance.
II. Ethereum
- Daily chart: After breaking through the 2120 level, the price experienced some volatility, and there is still a possibility of continued upward trend if the subsequent adjustment does not break.
- 1-hour chart: After a short-term break below the 2270 level, the price continued to decline, and there is still a possibility of further decline if the subsequent rebound does not break this resistance.
I. Bitcoin
Summary: After the price broke below the 43300 level in the short term, it continued to decline, and there is still a possibility of further decline if the subsequent rebound does not break this resistance. The support below is at 41900 and 40600; if it breaks through again, the upward trend will continue, with resistance at 44800 and 45850.
II. Ethereum
Summary: After the price broke below the 2270 level in the short term, it continued to decline, and there is still a possibility of further decline if the subsequent rebound does not break this resistance. The support below is at 2188 and 2120; if it breaks through again, the upward trend will continue, with resistance at 2340 and 2400.
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