"Market Analysis on December 23: Rebound is the Optimal Solution, but You Must Survive Until That Day"

Yesterday's market made a high of 90k and then launched another surprise attack while everyone was sleeping. With Christmas approaching, the market's sustainability is indeed a bit lacking. However, on the daily and weekly charts, there is indeed a need for a wave of upward attack. Since the market has chosen to be in a boring consolidation, we can only wait and look for opportunities during the wait. The moving averages on the daily chart also clearly indicate that the proximity of MA50 and EMA15 means a change in trend is coming soon, but we need to wait a little longer.

$BTC The current support level for Bitcoin in the 4-hour chart is still at 86500 and 85800 as mentioned yesterday. If it reaches these two levels, you can take long positions with previous low points as stop-losses. Therefore, the rebound probability at these low points is relatively high. The upper pressure is at 91100 and 91600. If these two days are boring, we can only wait longer, as foreigners are already on holiday.

The support on the index is still between 121.2-120, and attention should be paid to the possibility of gaining liquidity here. The upper pressure at 131 needs to be breached again to see a better upward trend.

The support for Ether is at 2880 and 2838. If the market comes down again, this will also be the pin insertion position. The resistance above is at 3148 and 3230.

In summary, the current market trend is leaning towards a boring consolidation, but the daily change point is approaching, and this boring market will not last long. Be patient and wait for the key levels to participate in the market; there is still upward demand here, and buying on dips remains our main theme. If you don't understand the market and can't grasp the direction, feel free to join the group leader. Click to join the group leader community (follow the group leader for daily updates on the latest market analysis and precise entry points; long and short positions are for B friends' reference only, with strict stop-loss and take-profit strategies.