12.11 Trend Analysis

Good afternoon, babies, long time no see, I miss you all very much!

After the interest rate cut was implemented, the market reaction was unexpected, with a significant pullback overnight. Today, look for a rebound, paying close attention to the white line position. Only if it stabilizes above that level on the 1-hour timeframe can a true rebound occur; otherwise, it will continue to decline.

Today’s Trend Analysis
Bitcoin focuses on 909. If it cannot stay above, small-scale rebounds will be weak, with support levels at 89360, 87700, 86230; if it stays above, a rebound on the 1-hour level is possible, with resistance levels at 92000, 93190, 94530.

Ethereum watches 3254; if it cannot stay above, small rebounds are weak, with support levels at 3166, 3110, 3067; if it stays above, a 1-hour rebound can be initiated, with resistance levels at 3300, 3359, 3397.

BNB pays attention to 880; if it cannot stay above, small rebounds lack strength, with support levels at 861, 844, 830; if it stays above, a 1-hour rebound is possible, with resistance levels at 893, 905, 915.

SOL focuses on 132; if it cannot stay above, it’s hard to make a move in small rebounds, with support levels at 129, 126, 123; if it stays above, a 1-hour rebound can be initiated, with resistance levels at 136, 140, 144.