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2024.12.8 BTC/ETH/BNB/SOL/DOGE intraday market analysis:
Good afternoon, brothers. There's not much action on the weekend, and BTC and ETH can't fall anymore. The whole market hopes to fall a little, and those who play contracts also hope to make some profits. Unfortunately, BTC just can't go down. There is not much opportunity in this Spot position, and the profit effect is still on altcoins!
These days Ether has been performing well, unfortunately, it is still about 800u away from the previous high, and among the top five in Market Cap, only Ether has not broken the previous high!
Recently, I have seen many paid bloggers saying that buying ETH this year will make money. ETH is already at 4000. Whenever there was a big drop last year, I gave everyone faith in deposit and let them buy BTC. In April and May of this year, I borrowed more than 4 million to buy BTC. The entry point and other information were openly discussed. BTC is now at 100,000 and I haven't said much.
If you want to brag, I can shout out the timing for everyone to buy BTC for several years, but I don't run any paid communities, so it's meaningless and unnecessary to keep bragging.
Market Analysis Today:
BTC did not experience significant Fluctuation overnight. Pay attention to the 99866 level today. As long as it holds above this level on the 1-2-4 hour timeframe, this pullback will end and the market will start to rise. Pay attention to the targets/resistance level near 100780-101978-103235!
If the 1-2 hour chart cannot close above 99866 today, it means that the price cannot go up, and we need to pay attention to the support levels below for further pullback, around 98880-97620-96420! (If it falls below 97620, the daily candlestick chart will start to pullback.)
ETH rose to the first resistance level at night and then fell back. Currently, there is a small bearish pullback on the 4-hour timeframe.
Pay attention to the 4005 level today. Only when it stands above this level on the 1-2-4 hour timeframes, will this pullback end and the market start to rise. The upper targets/resistance levels to watch are around 4030-4058-4090 (note that 4030 is the top of the 4-hour sideways zone).
If the 4-hour level does not close above 4005 today, it means that it still cannot go up, and continue to pullback and pay attention to the support levels around 3970-3935-3894 (3970 is the bottom of the 4-hour level consolidation zone)
SOL broke the first resistance level at night but unfortunately did not hold. The hourly chart shows all upper wicks, and now the longer timeframe on the 4-hour chart is starting to pullback!
Pay attention to the 238 level today, as long as it does not fall below this level, the 4-hour level is still longer, and it will still go up at the small level. Continue to pump, pay attention to the vicinity of the resistance levels at 242.3-245.1-248.8 (pay attention to the vicinity of 245, which is the top of the daily candlestick level consolidation zone)
If the 4-hour level falls below the position of 238 today, the 4-hour level will start to pull back. Pay attention to the support levels around 234.8-231-226 below!
BNB broke the first resistance level at night, then pulled back. Currently, the smaller timeframe is still in a longer phase on the 4-hour timeframe. Pay attention to the 744.5 level today. As long as this level is not broken, the 4-hour timeframe is still in a longer phase. It may pull back on the smaller timeframe, but will still go up. Pay attention to the targets/resistance levels around 760.5-769-781.8!
If the price falls below the 744.5 level on the 4-hour chart today, the 4-hour chart will start a pullback, and pay attention to the support levels near 732.4-721.8-711.5 below!
After DOGE surged to the third resistance level, it started to go sideways. Pay attention to the support levels around 0.463-0.452-0.442 for possible pullbacks today!
Continue to pump, pay attention to the targets/resistance levels near 0.484-0.499-0.515!
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