The market this year-end is indeed a bit torturous. After spiking to 90,000 yesterday, it was pressed down again. With Christmas approaching, the overall market participation has noticeably declined. However, from the perspective of the daily chart and weekly chart, the demand for rise is still there, it's just that the timing is not right.



The MA50 and EMA15 are already very close to each other, which usually means that a trend change is not far off. The problem is - we have to wait. When the other side of the ocean starts taking holidays, we can only hone our patience.

First, let's look at Bitcoin. On the 4-hour chart, the positions 86500 and 85800 are still key supports. If it really drops down, the probability of a rebound here is quite high, and you can use the previous low as a stop-loss to set up a long position. Looking upwards, 91100 and 91600 need to be broken to see a stronger upward trend.

On the Solana side, support is between 121.2 and 120, where attention should be paid to the possibility of liquidity being targeted. To confirm better rising momentum, it needs to re-establish above 131.

For Ethereum, 2880 and 2838 are key support zones. If it drops further, this area will also become a good position for a pin bar. The resistance levels are at 3148 and 3230.

To be honest, the current situation is just a boring sideways market. However, the turning point is really not far away, and this dullness won't last too long. Instead of blindly fidgeting, it's better to wait for the emergence of key levels before participating. The upward demand still exists, and the pullback is an opportunity to position — this is currently the most stable mindset.
BTC-0.65%
SOL-2.01%
ETH-1.32%
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Liquidated_Larryvip
· 12-23 05:54
Staying up late to watch the charts, but still just waiting, life is really hard like this. Since the Christmas holiday, the market has been so quiet, come on. If 86500 breaks, I'll buy the dip, after all, I'm just idle. Wait, wait, wait, I've heard enough, when will it be over? BTC is just moving sideways, I'm about to fall asleep. Be careful of getting dumped on Solana, I've already reduced my position. The probability of a rebound is high, but I'm just afraid it will be another false breakout. Instead of guessing blindly, it's better to drink tea and wait for the market turning point. This wave of行情 is really dull, when will there be some action? If 91100 can't break, just continue to lie down.
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SoliditySlayervip
· 12-23 05:52
I've been whipsawed again, this torturous market really annoys me. Wait, has 86500 broken through... The holiday season really brings bad luck, so restless. The part about targeting liquidity was harsh, indeed. Let's wait for the market turning point, there's no rush anyway.
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StablecoinSkepticvip
· 12-23 05:52
It's another torturous market situation, truly absurd. The waiting period is so hard to endure, when will it start moving? There are so many support levels, it feels like the real bottom hasn't been reached yet. I just want to know if it will take off right after Christmas. This wave with Sol doesn't seem to have much opportunity, might as well continue to watch. It feels meaningless if BTC doesn't break 91100. I'm a bit annoyed with this sideways action, I'd rather it just get dumped. Pullback layouts sound simple, but it's still exhausting when actually operating. The market turning point node feels like it's far away, waiting is getting a bit tiring. It seems like this period has just been costing time.
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IntrovertMetaversevip
· 12-23 05:45
Wait, you mean we have to keep enduring? --- Everything is sticking together, it feels like something big is brewing. --- Stop messing around, we should just lie down before Christmas. --- If BTC can't break 86500, I'll just accept it, really need to be patient. --- I'm really afraid of that Liquidity Trap with sol, I get targeted every time. --- eth is truly tormenting, the resistance levels are too dense. --- The market at the end of the year is really a bit boring, but I still believe the market turning point isn't far off. --- Instead of blindly trading, it's better to wait for key levels to appear, this saying is correct. --- If 91100 can't break, just continue sleeping, after all, there's no rush.
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LightningAllInHerovip
· 12-23 05:33
Wait, wait, this wave is really too grinding, it feels like the market is purposely messing with us before the holiday. We have to hold the 86500 level, otherwise, we will be directly clipped. The market turning point is coming quickly, my tolerance is about to reach its limit. This feint before Christmas is really annoying me, it’s better to just lie low for now. The liquidity sniping is too disgusting, if possible, avoid SOL during this time. Actually, a pullback is just an enter a position coupon, just can't bear to buy the dip. If 91100 breaks through, I will believe that this wave is not a quick rebound. The MA is about to touch the EMA, it seems we are going to start betting on direction. 2880 must be held, if it drops again, I will really just lie flat. Just wait, everyone, sharpening knives to go after the sheep, but first we have to wait for this cold wave to pass.
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