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A new week, a new beginning
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Looking back at the past week, the Federal Reserve's rate cut faced hawkish opposition, and the interest rate decisions of the three major central banks of the UK, Europe, and Japan followed one after another. The overall trend showed a volatile pattern, moving in a shape of first rising then falling. From Monday to Wednesday, there was a potential upward space of 6800 points. On Thursday and Friday, influenced by information, the market declined by 7000 points towards the weekend. It is not a big rise and fall or volatile market, both bulls and bears can profit. The trend is fully analyzed and grasped by Ziqing. Everyone can follow Ziqing's articles and analysis, avoiding hindsight comments.
From a technical perspective, two key points to watch continuously: resistance at 94500 above, support at 87500 below, US dollar index: the dollar index has temporarily stabilized and rebounded in the short term, but overall it is moving downward in a volatile manner; whether from technical or international news perspectives, the current market is in a downtrend, and in the short term, prices may encounter resistance in the secondary support zone of 90911-91400. Combined with the bearish signal of the Evening Star pattern, the idea of shorting high and buying low remains effective. The specific intraday market trend is mainly based on real-time data!
BTC 🎯90000-90500 short, target 88500. After breaking through, you can focus on 87500-85000.
ETH 🎯3150-3180 short, target 3050. After breaking through, focus on 3000.
$BTC $ETH #十二月行情展望