#XmasWithGatePost 12.23 BTC/Ethereum oscillating market, pay attention to short-term repair situation

BTC/ETH continued to fluctuate on Monday, and the overall fluctuation range has been narrowing, which is a sign of the upcoming reversal. It is necessary to timely grasp the changes in the trend. Our idea of shorting after raising again in the morning has basically reached the target positions of 3270 and around 94500. However, the highest point of the market at that time reached 96000 and 3335, and then started to fluctuate and fall. The delay of the article is relatively strong. Currently, after the market fluctuates and falls again, it rebounds and rises, basically returning to the position of the morning market fall. There is still room for further rise in the market, pay attention to the high-low switching of the market.
From the daily and 4-hour charts, the market is still in the rising stage after multiple bottom formations. In the short term, there is still a need to test the resistance at 98500 and 3550. The focus in the evening will mainly be on the rebound after the retracement. The low point is continuously moving up, and there may still be further downward retracements in the evening. However, the support levels at 95500 and 3300 continue to be bullish. Looking at the daily moving average indicators, the downward movement of the moving averages is continuously repairing the overall adjustment since the recent decline. The feasibility of continuously testing the support levels over the weekend, the market is switching between highs and lows frequently, so it is important to grasp the trend.
In the evening operation, Shangliangqiu is recommended to enter the market from BTC95000 to 95600, and the target is near 98500; Ethereum is near 3280 to 3310, and the target is near 3400. In fact, the continuous layout has continued to make profits recently, and many friends who pay attention can see it clearly. At present, the market is mainly in swings, and the issuance is effective, and the specific guidance is mainly real-time. #2024 Gate.io 年度账单 #与动态一起迎圣诞 #BTC震荡下跌，后续走势如何看待？