According to Matrixport analysis, Bitcoin's current correction may be building momentum for a rebound in 2025, and the range of $90,000 to $95,000 is likely an excellent correction zone. For short-term investors, it's crucial to closely watch the support level around $90,000 for Bitcoin. If the price corrects to this level and trading volume significantly increases, it could be an ideal entry point for short-term trading.
Long-term investors, on the other hand, should focus on the strong support zone near $85,000. It's important to know that each correction of Bitcoin is actually a golden window period for gradually building positions. Following the strategy of buying small on slight dips and buying large on significant dips is the way to go; just don't let short-term price fluctuations throw you off your game.
We are currently in the phase of a bull market startup, and the overall trend is undoubtedly upward. Although holiday markets tend to be relatively calm, there may frequently be occurrences of explosive contracts, but spot holders need not panic. They should simply hold onto their Bitcoin and quietly await the likely surge that will occur between January and March 2025. As long as you can remain patient and not blindly follow the crowd, it won't be easy to become the 'leeks' harvested by the big players.
Everyone can continue to pay attention to cryptocurrencies like ETH, SOL, BNB, DOGE, LINK, UNI, ADA, FIL, STX, CAKE, MEMEFI, SHIB, PEPE, WLD, SUI, CTC, DOT, CRV, EOS, etc.
