#BTC On December 11th, BTC and ETH are about to迎来 a major positive development.
Recently, due to the US government shutdown, market sentiment has been low. The shutdown plan is about to end, with a 96% probability of ending between December 12-15, and a 4% chance of ending after December 16.
Last night during the live broadcast, Bitcoin saw a low of 102,600, and this morning it reached the lowest point at around 102,400. A large bearish candlestick was formed on the daily chart. Currently, on the 4-hour chart, there may still be some rebound. If the price can bounce back above 104,000 and stabilize, the bulls may return. However, if it gets blocked at 104,500 during the rebound, the market could move to even lower levels. Resistance is at 104,500, and support is at 101,900.
BTC trading suggestion: Buy around 102,600-103,000, with a target of breaking 104,500 and aiming for 105,400-106,400.
ETH trading suggestion: Buy around 3,408-3,422, with a target of 3,515, and if broken, look for 3,570-3,640.
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#BTC On December 11th, BTC and ETH are about to迎来 a major positive development.
Recently, due to the US government shutdown, market sentiment has been low. The shutdown plan is about to end, with a 96% probability of ending between December 12-15, and a 4% chance of ending after December 16.
Last night during the live broadcast, Bitcoin saw a low of 102,600, and this morning it reached the lowest point at around 102,400. A large bearish candlestick was formed on the daily chart. Currently, on the 4-hour chart, there may still be some rebound. If the price can bounce back above 104,000 and stabilize, the bulls may return. However, if it gets blocked at 104,500 during the rebound, the market could move to even lower levels. Resistance is at 104,500, and support is at 101,900.
BTC trading suggestion: Buy around 102,600-103,000, with a target of breaking 104,500 and aiming for 105,400-106,400.
ETH trading suggestion: Buy around 3,408-3,422, with a target of 3,515, and if broken, look for 3,570-3,640.