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2024.12.10 BTC/ETH/BNB/SOL/DOGE intraday market analysis:


Good noon guys, woke up to a sky falling, BTCbig dump down 5 points, altcoin general fall 25%+, Get Liquidated count and amount of funds comparable to 3.12, luckily it's not much of a concern for me, I only have Spot for BTC and BNB. For those waiting for BTC to fall and buy Spot, are you dare to enter the market now with the big dump? Is your fund still there?

The trend of altcoin has already verified the Full Position with 3x leverage, and holding altcoin will be liquidated at once, which is just a 5% fall in BTC. If the fall in BTC exceeds 10%, the Long Wick Candle of altcoin is basically above 40%. That's why I've been advising everyone not to play altcoin, it rises fast, yes, but it also falls fast!
The lesson this decline has taught us:
1. Do not leverage altcoins. (Altcoins already have built-in leverage)
2. Risks are everywhere, so we must be cautious and respectful of the market. Only by taking profits and turning them into real cash can we truly secure our gains. Otherwise, it's all just virtual wealth.
3. This market is not about who earns more, but about who survives longer.

The rapid rebound of BTC's recent decline, even failing to reach the first weekly support level I provided yesterday (off by over 200u). ETH directly fell below the second weekly support level I provided at 3550.
If BTC continues to fall, the strongest support is around 90,000. ETH is following the range of 3,300-3,400. If it reaches this level, you can enter a long order contract to get on board. If you want to enter Spot, you can do so (I won't get on board), but remember to take care of yourself.
After this market adjustment is completed, BTC will definitely rise first, and then funds will flow into other zones. If you want altcoins to rise across the board, it has to be ETH. If ETH doesn't rise, don't expect too much from altcoins!

Today's market analysis:
BTC is currently starting a pullback on the daily candlestick level, with the smaller timeframes all in bearish territory. Pay attention to the 97160 level today. Only if it holds above this level, the 1-hour timeframe will start to rebound. Keep an eye on the resistance levels around 98200-98978-99785!
If the 1-hour closing price today does not stand above 97160, it means that the Rebound is not strong, and continue to pay attention to the support levels around 95610-94700-93615 for further decline!

ETH is currently starting a pullback at the daily candlestick level, with the smaller timeframes being bearish. Today, pay attention to the level at 3736. Only when it holds above this level, the 1-hour timeframe will start to rebound. The upper targets/resistance levels to watch for are around 3786-3856-3905! (If it holds above 3786, this wave of daily candlestick level pullback will end).
If the 1-hour level does not close above 3736 today, it means that the rebound is not strong enough, and continue to pay attention to the support levels below the decline at around 3651-3617-3535!

SOL is currently pulling back at the daily candlestick level, with bearish trends on smaller time frames. Pay attention to the 218 level today. Rebound on the 1-hour chart will only start if it holds above this level. Keep an eye on the following targets/resistance levels: 221.6, 226.3, and 231.8.
If the hourly closing today does not stand above 218, it means the Rebound is not strong, continue to pay attention to the support levels near 212.1-207-200 below for further decline! (If it falls below 200, the weekly level will start to pullback)

BNB is currently pulling back on the daily candlestick level, with bearish sentiment on smaller time frames. Pay attention to the 694 level today. Only if it holds above this level, the 1-hour timeframe will start to rebound. Targets/resistance levels to watch above are around 704.4-718.1-727.6! (If it holds above 704.4, this wave of daily candlestick-level pullback will end).
If the 1-hour closing price today does not stand above 694.2, it means that the Rebound is not strong, and we need to pay attention to the support levels around 678.4-663.5-642.4 for further decline below.

DOGE is currently starting a pullback at the daily candlestick level, with the smaller time frames all in bearish territory. Pay attention to the 0.414 level today. Only when this level is held above, the 1-hour chart will start to Rebound. Keep an eye on the nearby targets/resistance levels at 0.423-0.437-0.448.
If the 1-hour closing above 0.414 today, it means that the Rebound is not strong enough, and continue to pay attention to the support levels around 0.389-0.378-0.369 for further decline below.

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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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Betterforevervip
· 2024-12-10 05:18
#BTC# ETH SOL Buy and hold, coins with low Market Cap have more opportunities. Keep waiting, it may take three years, eight years, or ten years, but someday it will make you laugh. Lying flat means you can do whatever you want. Waiting is the best reward for yourself. Persistence is still necessary. Time can exchange for space, which will let you lie flat and buy freely. The Whale has arrived.
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