GeniusTraderBrotherJie
December 17 Wednesday midday market analysis.
First, confirm from the daily and weekly charts that Bitcoin and Ethereum are still in a short-term bearish trend. Currently, the market price has broken below the key support level of 3000 on the daily chart. If this level is broken, it will continue to move in a C wave. Although it has reached around 2880, it is still a bit away from the precise target of 2800-2770. Based on the current trend, the price just stopped falling and retraced to the 4th wave position on the 4-hour chart. The market may enter a B2 rebound situation, so short-term resi
View OriginalFirst, confirm from the daily and weekly charts that Bitcoin and Ethereum are still in a short-term bearish trend. Currently, the market price has broken below the key support level of 3000 on the daily chart. If this level is broken, it will continue to move in a C wave. Although it has reached around 2880, it is still a bit away from the precise target of 2800-2770. Based on the current trend, the price just stopped falling and retraced to the 4th wave position on the 4-hour chart. The market may enter a B2 rebound situation, so short-term resi






