LifeIsMoreThanJust

Bitcoin around 93,200, defend at 92,700,
Ethereum in the 3,180-3,200 range, defend at 3,150

Merry Christmas everyone. These days, Western holidays combined with the weekend, and the market will be in a relatively calm period. Last night, a downward test of the key level 2880 was met with a rebound. This morning, it touched the short-term resistance at 2960. Currently, the market is all bearish, and traders are reluctant to make moves, resulting in very low volume. During the daytime, focus on the 2900-2920 range, with a break below 2880 as a defensive signal. On the upside, 2960-2980, a break above could target the 3020 level, with a turning point around 3050.

The market is still oscillating within a larger range, and last night it followed the U.S. stock market's fall without breaking the key turning point at 2880. In the early hours, the U.S. stock market closed and rebounded to around 2980. Currently, based on market data, it will continue to rebound during this time period. The upper levels to watch are 2988, 3020, and 3060. BTC's rebound is expected in the range of 88200-88500. If it breaks, watch for 89200 and 90200.

Last night it fell to a low of 2962, which aligns with yesterday afternoon's judgment. Those who entered long orders should reduce position to cover costs. Currently, the market data is still in a fluctuating upward structure, and it is expected to continue to rebound today, with resistance above at yesterday's high, in the 3060-3080 range.

Ether directly looks at 3050, with a 1 and 15-minute Candlestick showing volume closing above. It can directly look at the 3200 range. follow the opportunity in the 2060-2980 fallback range. BTC follows 89500, with long positions opportunities in the 88300-88700 range below.

Yesterday, the long order in the 2930-2950 range made a perfect profit of 100 points, adjusting the stop loss to 2978. Securing certain profits, today we will follow whether the 3030-3050 range can break through effectively. The targets above are seen around 3080, 3120, and 3200.

Volatility is narrowing, today focus on the 2930-2950 range. If it doesn't break, consider going long. Breaking below 2900 is a loss, with a key turning point at 2880 below. In the past two days, Bitcoin and Ethereum have been relatively stagnant, while related altcoins have shown impressive gains, especially established DeFi projects like UNI and LINK. The day before yesterday, an institution used Ethereum to rebalance their DeFi positions, which is a positive sign.
Generally, over the weekend, Saturday remains relatively stable, while Sunday tends to have larger fluctuations, especially on S

Currently, aside from the last options settlement before Christmas next week, there are no other negative news. The main factor affecting the market is the speculation over the Federal Reserve Chair appointment. The market is currently in a range-bound oscillation, with resistance levels at Bitcoin 88,500 and 89,200 (turning points), and Ethereum 3,020 and 3,050. Support levels are at Bitcoin 86,200 and 85,800, and Ethereum 2,920 and 2,880. There will be a slight pullback over the weekend, providing an opportunity to go long.

Today, the Bank of Japan announced its interest rate decision, expected between 10:30 and 12:00. Following that, Heta Naoto will speak at 2:30 PM. This is the biggest bearish factor this month. Focus on the rate hike magnitude (<50% impact is not significant) and whether Heta Naoto's speech indicates continued rate hikes in 2026.
From intraday charts, Japanese interest rate decision caused a震荡 upward movement. Key support levels are in the 2720-2750 range. If the impact is not significant, the market may see a 4-6 hour rebound.

Ethereum yesterday evening 3020 short positions successfully gained 200 points. Today, it is not suitable to over-extend on short positions. Last night, Bitcoin's correction failed to break 85,500; during the white trading session, look for a rebound after a decline, mainly operating on rebound shorts. Resistance starts every 500 points from 87,000 upwards. The turning point is near the high of 90,300 last night. Ethereum's current trend is weaker than Bitcoin; focus on the 2860-2880 range above, then 2920, 2980.

Bitcoin found support around the 85,000 level yesterday, with the daily chart forming a bottom piercing pattern. Coupled with the 4-hour moving average golden cross, this suggests a potential rebound during the daytime trading session. Watch for resistance in the 88,200-88,500 range, with a pivot point near 89,200. For Ethereum, focus on levels above 2,980, 3,020, and 3,050; as long as it doesn't break through 3,120, the bearish structure remains unchanged. Look for long opportunities around 2,920 below. Defensive level at 2,880.

Last night, the US stocks opened high and then fell sharply. Bitcoin directly followed the decline rather than the rise, breaking through the 2920 support level. During the daytime white session, a small rebound is expected. Watch the 2880-2920 range below; a break below this zone should lead to focus on the support around 2750. Upwards, pay attention to the 2980 resistance. A breakout could target the 3020-3050 range. The key focus is on tonight’s US non-farm payroll data and its impact on US stocks. Bitcoin support levels are below at 86500, 83500, 82000, and resistance above at 86500, 88000

Bitcoin and Ethereum weekly charts both show long upper wicks. This indicates a higher probability of continued decline this week, especially with Japan's interest rate hike almost certain. Today, focus on the 3020 support; once a volume-driven break below it occurs, the price will continue to test the support around 2750. Watch the 3120-3150 range above.

The long position at 3050 provided yesterday morning has entered after waiting for 2 days. It is best to reduce the position and modify the stop loss to 3140. Watch the 3130-3150 zone for a break to target the 3200-3220 zone above.

The 8-word motto for trading:
Light position, follow the trend, swing trading, stop loss
Light positions increase the tolerance for errors in trading
Following the trend increases the accuracy of trades
Swing trading increases the profit potential
Stop loss reduces the amount of trading losses
Coupled with proper technical analysis and trading experience, it increases accuracy. Over time, it will inevitably lead to stable profits and become a friend of time. The longer the time, the higher the probability of making money. This is the core method for stable profitability in trading.
In this hig

Trading Discipline Core:
1. Before Opening a Position (Must Do 3 Items)
- Confirm that the current market conditions fully meet the entry and exit criteria of the trading system (such as K-line patterns, indicator signals, etc.), with no ambiguity.
- Calculate and determine the position size for this trade, strictly adhering to the preset risk rules (e.g., no more than 2% of total funds per trade).
- Pre-determine the specific prices for stop-loss and take-profit levels, ensuring these prices align with system logic and are not adjusted based on subjective expectations.
2. During Position Hold

Last night during the US trading session, there was a rapid decline breaking below the 3160 support level, and it still couldn't escape the curse of Black Friday. Currently, it is around 3050. Over the weekend, it is expected to continue with narrow fluctuations, with a slight upward move in the first 3-4 days of next week. On Thursday or Friday, in response to Japan's interest rate hike, the trend will turn downward. Over the weekend, consider high selling and low buying within the 3030-3160 range. The key turning point below is 2980, and above is 3175.

Today, pay attention to Bitcoin above 94,000 and ETH around 3,280 for resistance. Below, Bitcoin around 91,500, ETH around 3,220 and 3,160 for support. If there is a retracement during the day without breaking yesterday's low, the market will continue to fluctuate upward.

Recently, with expectations of a US interest rate cut and a rate hike by the yen, there is extreme divergence on the macro front, and the entire market is in an exceptionally cautious state. Last night, US stocks opened lower but closed higher, coupled with some comments from Trump. Bitcoin and Ethereum both broke out upward from their consolidation ranges. Although both have shown some performance at the current open, they still haven't formed a reversal structure. Currently, Bitcoin is at 94,000 and Ethereum at 3,350; if effective resistance forms at these levels, a period of pullback and ad