December 19: BTC, ETH, SOL, RTX, ZKP Market Analysis
On December 19, analysis of BTC, ETH, SOL, RTX, and ZKP market trends was provided.
BTC experienced volatility following favorable CPI data, briefly rising above $89,000 before dropping to around $84,000, resulting in $450 million in liquidations. A whale deposited 5,152 BTC ($445 million) into Binance. The 4-hour chart suggests a potential falling wedge pattern, indicating a possible reversal if it breaks above the $89,000–$90,000 resistance.
ETH showed a strong rebound, possibly due to large-scale accumulation after recent negative news. It remains in a downtrend channel but may break out soon. Key resistance levels are $3,030 and $3,150, with support at $2,860, $2,750, and $2,650.
SOL has been underperforming, falling below $120. It failed multiple times to break the $145 resistance. A rebound above $123 could target $132–$135.
RTX has a total supply of 100 million tokens with an initial circulation of 16.66%. Pre-market price is $1.30. The project having mixed factors—moderate trading volume and unclear advantages.
ZKP has a total supply of 1 billion tokens, with an initial circulation of 20.16% priced at $0.175. Significant airdrop supply may cause selling pressure. A Binance contract listing is anticipated.
The overall outlook suggests potential recovery after recent declines, with specific entry and exit levels provided for each asset.
金色财经12/19 13:40