"Market Analysis on 12.2: Two Tests Completed, Discussion on Rebound Height This Week"

Yesterday's market successfully rebounded from the bottom at 84,000-83,000, as discussed last week. The trend here can basically confirm that the second test is complete, and this week we will begin the rebound rhythm. As for the height of the rebound, we need to discuss it one by one.

The rebound height of the big pie this week can first pay attention to the pressure levels on the 4-hour chart at 88500 and 89500. Firstly, 88500 is the position where the support and resistance levels interchange on the 4-hour chart, which I have marked with an arrow. This is definitely a key position. If it can't go up, it just can't go up; if it can go up, we still need to see the pressure at 89500. Today's support is at 88500; if it doesn't break below, it will continue to rebound.

The pressure on the index is at 136 and 142, so let's first look at the position of 136. If the support at 125 is not broken on the way down today, it can continue to rebound.

$BTC Ethereum we mentioned yesterday that if it breaks below 2800, it would rebound to 2720. It rebounded around this area yesterday and has come back up. Today's support is at 2760; if it doesn't break below, it will continue to rebound. The upper resistance levels are 2865 and 2960. A conservative short position should be around 2960.

In summary, today's various indicators tell us that the second exploration has basically succeeded. Since the bottom has been confirmed successfully, the next step is to test the top. The key is to see whether several key positions can hold firm, or if they will break down upon touching these key positions. This is something to observe this week. Overall, the market in December should go through repeated fluctuations. For those who have bought at the bottom, there is no need to be overly ambitious; if it fluctuates too much, your efforts will be in vain. $SOL

(Follow the head of the department, bringing you the latest market analysis and precise entry points every day. Long and short positions are only for B friends' reference, with strict stop-loss and take-profit.)