The US stock Poly rose at the close, be cautious not to chase rising prices! 12.25 Big Pie Aunt's train of thought analysis

Last night, the coin price rose strongly, and the big cake reached a high of 99441 (Ether 3538) or retracted. In the early morning, the lowest point of the big cake retracted to 97228 (Ether 3430). The short-selling strategy given at midnight can also capture a significant amount of space! Currently, the coin price is consolidating at a high level. The U.S. stock market opened high and rose strongly on Christmas yesterday, closing at a high! And the spot ETF market has been in a net outflow state recently, and this round of rise is completely chip liquidation!
From a technical perspective, after three consecutive daily declines, a huge positive candle closed this morning. The upper side is blocked by the daily Bollinger band middle rail. The KDJ indicator has turned upward from a low level with all three lines. The MACD volume has also slightly decreased. Currently, the daily chart is dominated by bulls!
Looking at the four-hour chart, the price is running below the upper track, the Bollinger Bands are widening, but the KDJ three lines are running at high levels with signs of slowing down, and the MACD volume is also slightly shrinking. There is a need for a retracement and repair on a daily and hourly basis!
Looking at the overall US stock market, Poli rose and closed yesterday, and the currency price followed closely. However, the spot ETF market for Bitcoin has been net outflow in recent days, while the spot ETF for Ethereum has been increasing daily. Therefore, be cautious about chasing long! Focus on the upper pressure levels near 99000, 99600, 101000, and 103000, and focus on the support levels near 97000, 95800, 93500, and 92500.
12.25 Pie operation train of thought: Enter short at 98500-98800, defend near 99600, target 97500-97000-96500, gradually look down at the support point if broken
Long idea: Enter long at 95500-96000, defend near 95000, target 97000-98000-98500, break through to 99000-99500
12.25 Ether operation train of thought: short at 3500-3520, defend near 3550, target 3450-3430, break below look at 3400-3350
Long position strategy: Enter long at 3350-3380, defend at 3300, target around 3450-3500, break through and observe around 3530-3550, hold if broken depends on the situation!
Recently, the Ethereum spot ETF market has shown a net inflow state, which is still relatively optimistic for the time being. There will be opportunities to lay out in the medium and long term when Trump takes office. After all, Ethereum has not touched the previous high this year. The capital flow is destined to be more recognized by the market. So everyone should keep their positions and wait for the big favorable layout next month! #2024 Gate.io 年度账单 #与动态一起迎圣诞 #圣诞节到来，行情会如何变化？