$BTC
《Merry Christmas————Current Market Analysis》
After the upward movement, the potential for breakthrough of Bitcoin has decreased and it has begun to fluctuate. From the hourly line, Bitcoin is above the support near 98,000 and there are signs of opening. The resistance is still near 99,600 and has not yet touched this position. It still needs to accumulate strength.
The trend of Ethereum and Bitcoin is roughly the same. It is also above the support near 3480 on the hourly line. The trend is about to open. The upper resistance is near 3540. It will charge towards the 3700 mark.
In this overall market fluctuation trend, in addition to the bright performance of LPT and ZEN supported by Grayscale and COW with Trump concept, the general rise has not yet arrived. Just wait patiently.
The last round of decline may be the early flight of funds on Christmas, which led to an early decline. Now the market has stabilized and laid a solid foundation for the next rise. Have a good holiday and wish you all a happy Christmas.
