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Don't remind me again today

BTC has been stuck between 82000 and 92000 these days, unable to go up or down, and it seems it will take until Christmas to break out. Today we need to focus on 83400; if it holds, we can catch a breath. 82000 is the double bottom on the daily chart and weekly chart, which is quite critical. Even if it occasionally falls below 80500, I still believe it will quickly pump back, making a decent second leg.



However, the monthly chart looks a bit worrying. The left shoulder and head have both formed, and if it really turns into a "head and shoulders top," it could drop even if it reaches 100,000 next year—of course, it's still early to say this, and there are always many uncertainties in the crypto space.

Ethereum's monthly chart has just crossed bearish, and it might continue to fall over the next three months, just like from February to April this year. It's currently struggling to hold above 3050, let alone 4400, so the probability of sliding down is high. Last night's drop to 2720 wasn't unexpected, and the rebound in the early morning was only temporary. It may test 2700 again in the afternoon to evening—whether it breaks this level will determine if it continues to lie flat or pretends to rebound.

To summarize briefly, BTC's short-term support is at 84000-85000. It needs to hold above this level to continue the rebound. The upper range of 88000-90000 is all resistance, and it won't be easy to get through in one go. If it spikes to 88200 and can't hold, a pullback to 86000 must hold; otherwise, the rebound may fail. If it can stabilize above 88200, there is a chance to test 90000 again.

Still the same as yesterday, I won't give suggestions for more words. For shorts, around 87500-88200, target: 86500-85100.
$BTC $ETH $XRP #十二月行情展望 #十二月降息预测
BTC-0.23%
ETH4.21%
XRP-1.35%
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