The market changes rapidly, and trading is all about the present. You sing whatever song fits the mountain you are on. I mentioned yesterday that Bitcoin is about to take off, and today we see an increase, directly pulling up to the level of one hundred thousand and six thousand dollars with a good performance. However, many friends did not follow Wang Yun's operations. That's okay; you can operate today. Today is Monday, so there are still plenty of opportunities. It was mentioned yesterday that this breakthrough is an unlimited breakthrough. So after it breaks through, we will discuss what changes will occur in the entire market later.
The market cap of stablecoins has directly broken one hundred and ninety billion dollars, and the market cap is getting larger and larger. You can ask yourself whether your assets have grown. As for the Bitcoin spot ETF, it is still in a continuous inflow state, and today is no exception; it should also be in a continuous inflow state. Christmas is just around the corner, and there should be a wave of increase before Christmas. After the increase, there may be a sideways washing action, so these days this week should be an opportunity. After next week, there may be a washing action. That’s the situation. Now, looking at the Bitcoin rainbow chart, the market has entered a relatively cheap phase, having broken the level of one hundred thousand and six thousand dollars. It is now in a relatively cheap phase. There are still a few months left before this bull market ends. Whether you can hold on depends on your personal willpower. When you can't hold on, I will help you hold on. If you look at Wang Yun every day, you might be able to hold on, or if you join Wang Yun VIP, you might be able to hold on.
The Bitcoin wallet balance continues to decrease, and this continuous decrease is quite terrifying. When we see the market cap of Bitcoin constantly decreasing, it indicates that the end of the market is getting closer. From the liquidation icon, the current resistance point is indeed at the level of one hundred thousand and seven thousand dollars, and there has been basically no resistance within the past seven days. There shouldn't be any major issues pulling it up; reaching eleven thousand dollars should not be a big problem. Since there are many short positions accumulated, it makes sense to pull it up only after clearing them, so it should oscillate sideways at this position or slowly go up, gradually washing away most of the short positions. The market will continue. Many coins have already rebounded during the day, which was anticipated. We must firmly grasp the trend of mainstream coins; a daily increase of 30% is not a dream.
Now let's talk about Ethereum. Its price is gradually testing the previous resistance point of 4100. I believe Ethereum will have a wave of sprinting next, testing its new high again. Ethereum will have good momentum moving forward, and although there is divergence on the daily chart, it should not have major issues pulling up. It will still aim to break through upwards. Of course, the Ethereum held by our members has been kept, and it is currently profitable. Ethereum will still follow the market to rise. Even if it is currently under heavy pressure, and the market makers can't pull it up, we will definitely be patient and wait, exchanging time for space to rise slowly. This may be a good rule. Although we haven't mentioned Ethereum for a while, our faith has always been there. That's all for today.