The weekend ended, and the new week began in December, approaching the new year. After retracing back in the early hours of Sunday, the upward trend continued throughout the day, rising steadily, reaching new levels, and touching 103500 levels in the evening. Although the resistance level was not surpassed, the overall strength of the general trend can be noted. The current trading chart is designed to be short-term, with not much allocation for medium to long-term planning. Unlike the previous weekend, price ranges increased by 2000 points in a day. The current central position of BTC in the short, medium, and long term also has an empty space of approximately 2000 points, and its strength has not been significantly reviewed. Fren followers of the strategy have achieved some success, and with actual guidance, what about you?

The larger timeframe has been analyzed in the intraday as well, and you can refer to the details in the weekly summary. Here we provide you with an analysis of the short term and the direction at midnight. Currently, the market is under pressure at the level of 103500, but the withdrawal price after the rise oscillates around the level of 103000, and has not given many opportunities for a pullback. From the hourly chart, it appears that the market has tested the upper limit of pressure several times, but has not provided significant opportunities to continue the uptrend. The Bollinger Band is moving with the candle range in the upper area of the continuous rise, and the current upper limit level has not exceeded 103500, but there are signs of the continuity of the general trend, so there is still a possibility of further market breakthroughs in general. However, we also need to note the intersection of the dead KDJ indicator line, and there is room for market retracement. Therefore, we must deal with the humorous trend at midnight, and if the market cannot exceed the level of 103500, a strong downward momentum may be considered, targeting the medium support, thus confidently starting the long arrangement again.
BTC can retest around 102000, with a target near 104500. Ethereum can be in the 3850-3880 area, with a target near 4000. #BTC ETH