Tracking real-time hot topics in the currency circle, seizing the best trading opportunities, today is Monday, December 16, 2024, I am Wang Yibo! Good morning, coin friends ☀ hardcore fan check-in 👍 like and get rich 🍗🍗🌹🌹

💎
💎
Bitcoin rose to $105,350 in the morning, taking small steps to climb and setting new highs. This trend has surprised many 'experts' and left many bears waking up to find their positions gone. With a surge in buying orders, it indicates a short-term consolidation opportunity. The four-hour chart shows three consecutive gains, with an expanding Bollinger band and clear support structure, indicating the accumulation of bullish momentum. The main resistance above Bitcoin is focused on the $105,000 level. Once this level is successfully broken, the next targets can be set at $108,000 to $112,000. The support level below is at $101,500. It is recommended to maintain a low-level bullish strategy for subsequent operations and seize the upward trend.
💎
💎
Ethereum is still in a tepid state, and there has been no effective breakthrough so far. However, the trend structure on the daily chart has not changed, maintaining a bullish posture. The short-term resistance at 4000 is believed to be soon broken through again. With the approaching of the Fed's interest rate cut, there is a high possibility that the market will digest this bullish news in advance. The recent two days of oscillation and consolidation may be waiting for a breakthrough with the help of the news. The support level on the four-hour chart is at 3820, and the current price has advanced to around 3940, with a high probability of a new uptrend, with the target expected to reach above 4000. The morning strategy is still to maintain a low-long position!
💎
💎
Looking at the altcoins, Bitcoin seems to be having a solo bull market, and the trend of altcoins will depend on the trend of Ethereum. For those tokens with high fully diluted valuation (FDV), if you expect these high FDV new projects to rise tenfold or even a hundredfold again, you can't help but ask, where will such a huge amount of funds come from? So this bull market will not skyrocket like in 2021, the altcoin season belongs only to some tokens, finding the right target also requires some luck. If you're afraid of missing out on the altcoin season, the only thing you can do is find an entry point with high cost-effectiveness and set a stop loss. As for whether it can break the historical high, the choice is crucial.