"12.30 Market Analysis: Tired of Analyzing, Just Say Which Side (With Entry Points)"

Yesterday's market plunged straight down after touching the MA50 on the daily chart. The previously good trend was suddenly reversed. It seems that the bottoming process starting in January is still very tough, with no clear upward or downward direction. So in the next few days, if you want to trade, you can only watch some key levels to see if they hold. Today, I will just provide the levels and the trading ideas.

$BTC Bitcoin support at 85550-85750, resistance at 89000-89450. If you think a crash is coming, go short; if you think it will take off, go long. Stop-loss should be based on the previous low or high of the entry level, with a 1-hour candle break below or above the breakout. Take-profit levels are up to you; 600-1000 points are fine for setting protective stops and then taking profits in batches. I'll not elaborate further here.

$SOL Short-term resistance for Solana at 127.1, 131.2, with support at 118.2-117.7. Refer to Bitcoin's trading approach for long and short ideas.

$ETH Short-term resistance at 3010-3003, with a more important resistance at 3148. Support below at 2828-2820. Use the same approach as Bitcoin for stop-loss and take-profit.

In summary, this kind of market where big players intentionally manipulate with false breakouts to play with retail traders is just how it is. It’s clear that January will be a tough bottoming process, depending on whether your conviction is strong enough. The weekly chart's fake breakout still needs time to play out. If you don’t understand the market or can’t determine the direction, you are welcome to join the Chief. Click to join the Chief community (Follow the Chief for daily market analysis and precise entry points. Long and short ideas are for reference only, with strict stop-loss and take-profit. Chief’s exclusive fee discount code: KEZHANG888)."