"Market Analysis on December 24: Will Christmas Eve be Peaceful? The Dealer Will Not Rest Until Goals are Achieved"

Yesterday's market situation can be seen as a prediction. Bitcoin dropped and triggered the stop-losses of long positions set at previous lows, while also obtaining liquidity. The support we provided at 86500 rebounded nearly 2000 points, successfully taking profits. Today, if it drops again, we need to pay attention to the purpose of the market makers, which is to hit the stop-losses of previous long positions and wear down the patience of the market.
However, there is not much time left for the market on the daily line. If it drops down to the key support level here, I still expect a rebound.

$BTC The support for Bitcoin at 86500 rebounded yesterday, and today the support below is at 85800. If the whales are determined to create panic again, they could break this 4-hour low and drop to the support at 83600, but this possibility is still relatively small. We should just pay attention to the previous level at 85800. The resistance above at 89100 is the dividing line between bulls and bears, and after breaking through, the resistance is at 90100 and 91100.

The support for the index remains around 120 today, so pay attention here. The most frustrating scenario would be to create a new low at 115 and then quickly pull back, so be careful not to take large positions in altcoins. The pressure at the multi-directional dividing line is at 126, and only after breaking above this level can we expect a better upward trend.

The support for Ethereum is at 2835 and 2730. If you want to go long on Ethereum, just pay attention to these two levels. The resistance above is at 3010, which is the dividing line between bulls and bears. If it goes above, the pressure is at 3150. Until it surpasses 3010, the trend won't be very strong.

In summary, the market may really be about to fill the 4-hour gap for Bitcoin over the past two days. If this happens, many altcoins might follow the old pattern of a false breakdown followed by a recovery. However, this is not a moment for fear, as a change in the daily trend is about to kick off. If the market starts from here, will you regret not taking a chance? If you don't understand the market and can't grasp the direction, you're welcome to join the group. Click to join the group (follow the leader for daily updates on the latest market analysis and precise entry points. Long and short positions are just for B friends to reference their thoughts, with strict stop losses and take profits).