2024.12.22 Weekend Good Brothers, let's chat this weekend
In two days it's Christmas Eve, three days until Christmas, and ten days until New Year's Day. We are about to welcome a wave of intensive global holidays. Asians are starting to plan their New Year holidays, whether to go to Harbin to see the Ice City or to Xi'an to see the City That Never Sleeps. Europeans and Americans are also planning to go to America for Christmas, while North Americans are traveling to Europe for a tour. The world is starting to see a massive flow of people!
If you are also participating in this feast of travel, it's important to have some funds ready. Haste makes waste; follow the principles of opportunity operations, believe in yourself, and strictly execute your trading plan. It's crucial to remain vigilant and not casually change your trading plan!
This weekend, BTC retraced to a low of 95393, and ETH retraced to a low of 3293. Whether there will be new lows depends on this afternoon and the early morning. This morning, those who took advantage of the market have mostly concluded their battles, with the 3315 level seeing a highest rebound of 3374, providing about 60 dollars of space. It's fine to take a profit of 30 dollars! For those who missed out, just wait for tonight's deep dip!
Recently, many have been asking whether to run with the profitable spot trading: My suggestion is that if you are doing short to medium-term trades, remember that 15% is a threshold, and you should start taking profits when you reach it. If you plan to hold long-term, treat this investment as a long-term asset without affecting your life. Long-term assets must have a place in a person's lifelong asset allocation because that will be your greatest assurance in middle age!
BTC support at 95000/93800, extreme test at 91800, resistance at 100000
ETH support at 3295/3190, extreme test at 3100, resistance at 3605/3725
Consolidation is a good thing; at least we haven’t exhausted next week’s space. The more it falls next week, the more opportunities arise. We need to rationally convert our capital into our assets in this long-term layout opportunity!