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📅 Event Duration: Dec 10 08:00 - Dec 21 16:00 UTC
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#CryptoMarketRebound
Today market analysis.
The crypto market is trading in a cautious but stable manner today. Price action across major coins shows consolidation after recent volatility. Buyers are active at key demand zones, but sellers are also defending major resistance areas. Overall sentiment is neutral with a slight bullish tilt as long as major supports hold.
Bitcoin analysis.
Bitcoin is holding above its key support zone, which keeps the higher time frame structure intact. The area around 88000 is acting as immediate support, while 84000 remains the major demand zone. As long as price stays above this range, buyers remain in control. Resistance is located near 94000. A strong break and close above this level can push Bitcoin toward the psychological 100000 zone. Rejection from resistance can lead to continued sideways movement. Bitcoin bias today is neutral to bullish, bullish above support and cautious near resistance.
Ethereum analysis.
Ethereum is following Bitcoin but with slightly weaker momentum. The 3000 level is a very important support and buyers are actively defending it. If Ethereum holds above this zone, a move toward resistance becomes more likely. Resistance is near 3350. A clean breakout above this level can shift ETH into a stronger bullish phase. Failure to hold 3000 may invite a deeper pullback. Ethereum bias today is neutral, waiting for confirmation.
Solana analysis.
Solana is consolidating after a strong previous rally. Support is holding near 125, which is the key short term level to watch. Below this, 110 is the next major support. Resistance is near 150. A breakout above resistance can restart bullish momentum. Until then, price may continue to move sideways. Solana bias today is neutral and range bound.
Dogecoin analysis.
Dogecoin remains highly sentiment driven. Support is holding around 0.13 to 0.14, which is keeping downside limited. Resistance is near 0.20. A break above this level can trigger a stronger upside move. Without a breakout, price may remain slow and choppy. Dogecoin bias today is neutral to slightly bullish, conditional on resistance breakout.
Pi Network analysis.
Pi Network is still under pressure compared to other coins. Support lies around 0.21 to 0.19. This is the key zone where buyers may attempt to stabilize price. Resistance remains near 0.24. As long as price stays below resistance, upside moves are likely to be weak. Pi Network bias today is bearish to neutral.