December 14 Cryptocurrency Market Analysis + Cryptocurrency Information Gap

❌Refuse to be a Monday Morning Quarterback❌
✅Weak rebound, no reversal of the bear trend✅

1⃣ Market #BTC #ETH Current Key Support Levels:

--BTC: Resistance around 91,500. If it cannot hold this level by 20:00 tonight on the 14th, the risk of further decline increases‼️

--ETH: Resistance around 3,150. If it cannot hold this level by 20:00 tonight on the 14th, the risk of further decline increases‼️

2⃣ $BTC $ETH BTC experienced sideways movement for a day on Saturday. Most likely, today is the day to choose a direction. Whether here is bullish or bearish, traders should set proper stop-losses. The market is choosing its direction amidst divergence. Although the Japanese interest rate hike next week is already certain, the amount is still unknown. If the price moves into the downward space in the next few days, panic selling may occur. Everyone should be cautious and set stop-losses accordingly.

If none of the entry conditions are met, just watch.
Do not trade lightly‼️
1. An upward move must be accompanied by a bullish reversal candle, preferably a 12-hour reversal candle before entering.
2. Watch whether BTC can hold support around 87,745.
3. If the trend is completely broken and falls below 83,986, short positions can be taken.

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All opinions are personal views only.
Not investment advice.