Christmas Eve and Christmas Day, at this critical moment, everyone is starting to reveal their trump cards, otherwise how can we continue playing later!
Last night, I specifically mentioned that those who want to make more can try to buy in at low prices. Ethereum has already dropped to the bottom, and although Bitcoin is slower, it is expected to follow suit.
Ethereum has really surged during this period, while Bitcoin has been a bit sluggish.
This is the first time in recent days that I have asked everyone to stop shorting Ethereum. Yesterday, I reminded everyone that it would be worthwhile to try buying about 30% of their positions near 3200; the price is really suitable.
Everyone thinks Ethereum at 3000 is cheap and rushes to buy it, while Bitcoin is not as popular.
But does this mean it’s going to be harder for Ethereum to rise?
That's right, patience is required, and don't leverage too high. Weekly adjustments may lead to price increases, but there's a chance it can drop back down; however, don’t miss out on low-risk opportunities to make big money!
Speaking of shorting Ethereum, now you can try buying in at low prices first. The daily bottom rebound mentioned last night must be seized.
Why not short for now?
Because the 5-7 day moving average on the daily chart is quite strong and has been hovering above. Also, there’s a golden cross trend on the daily chart, so there’s not much space left for shorting.
As I mentioned before, if you think it will return to 4000+, you need to prepare in advance!
The adjustment for Bitcoin seems not to be over yet; the 4-hour fluctuation range hasn’t opened, and it’s been hovering below, unable to reach the middle track.
The trading volume isn’t sufficient; after all, Ethereum's ETF data shows it has genuinely been bought more than Bitcoin, at 126 million USD!
So moving forward, Ethereum is strong while Bitcoin is weak; that’s quite normal, given the trading volume.
Will it still drop?
For those looking to enter at 2800, don’t be anxious; it will have to rise first before falling, luring some people in at 34-35 to trap them before it drops. The MACD on the 3-day chart has just started showing red bars; we’ll have to wait for further declines.
For the upcoming layout direction, I will guide everyone to aim for the lucrative opportunities in altcoins, with expected returns of over 10 times being feasible. Like and comment, and I’ll help you layout the entire bull market!