LookForwardToTomorrow
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Analysis:


The trend of the current cryptocurrency market focuses on the short-term trading strategies of Bitcoin (BTC) and Ethereum (ETH). The main points include: BTC has short-term support near $100,000 and is expected to rise again; ETH is currently experiencing a daily level correction, with attention to the support level around $3,650-$3,700, and there is an opportunity for further growth if it does not fall below this range. Regarding some new currencies, it is not recommended to easily get involved and cautious operation is needed. Overall, investors are advised to conduct reasonable fund management and position control based on their own risk preferences and market trends.
Highlights:
1. For the current market analysis, it is recommended to pay attention to the trend of support levels.
2. The recent daily pullback of Ethereum may touch the range support.
3. In the medium term, there is a chance for further upside near the vicinity.
4. Short-term attention to the support and resistance levels of the focus range.
5. Currently, the overall performance is weak, and new coins need to be treated with caution.
6. It is recommended to control your position reasonably according to your own risk tolerance.
7. Follow the potential market opportunities at the end of January for the corresponding currencies.
8. For some personal investment advice, judgment should be made based on the actual situation!
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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