There is only sporadic resistance, a waterfall-like drop, falling like a waterfall and rising like a snail. The cancer-fighting group has more confidence than the cryptocurrency trading group, encouraging each other not to give up, while the cryptocurrency group is all about advising brothers to stop and live well. The market is bleeding from the words of Fed Chair Powell saying that BTC is not allowed. Next, focus on the Japanese monetary policy meeting on December 19 at 11 AM.
To summarize the key points:
1: Trading is not about who makes more money. It's about who lasts longer, keeping enough positions to average down on mainstream coins, training through adversity.
2: The BTC daily top pattern has been established, the pullback is not over, pay attention to the key positions of 94150 and 90500.
3: ETH short-term cycles have not stopped falling, with head and shoulder support at 3510 and 3462, defending at 3430.
4: The ETH/BTC ratio has already seen a low, altcoins will continue to drop, boldly buy the dips in leading sectors in batches.
5: After the last three FOMC meetings, Bitcoin's dominance decreased, and altcoins rebounded.
6: This wave is definitely the last drop before the altcoin season kicks off; remember not to cut losses.
7: Trump announced the purchase of ENA; President Trump invested in the purchase, partnering with BlackRock, which is really impressive. It is recommended to wait for the price to pull back to the 0.95-1u area before entering.