Meeting

Good evening, everyone. Today is Christmas. I wish you all a happy Christmas. Let’s take a look at the current market situation.

Let me talk about my opinion on the current market. Just now, it was another attempt to lure more buyers. Bitcoin has rushed to 99,000 three times, but has not broken through 100,000. The dealer's method is a bit disgusting. It is clear that it will not let you break this 100,000. You can look at the trend of Bitcoin's rise last night. The positive lines are higher than one another, but the volume does not follow the trend of the K line. What does this mean? The volume is the best reflection of the market's funds. This will not be faked. In this case, it is obvious that the dealer is probably trying to pull the market to lure more buyers, not the market's funds to drive the rise of Bitcoin. Today is Christmas, and the US stock market is closed for one day. Last year's Christmas was also rising during the day, and it began to fall on the 26th, but the fall was not too severe. Don't chase high in this market, it is easy to be trapped. I suggest that you wait for the callback to be in place before entering the market. At present, Bitcoin ETFs are still in net outflow, with an outflow of 338 million US dollars, and there is no inflow of funds in the market. Why is it rising? This is illogical.

Currently, Ethereum can focus on the range of 3385-3405. If it does not fall below, you can go long on dips and set the stop loss at 3345, which is Fibonacci's 618 position. Now you can go short on rallies, set a stop loss, and wait for the market to stabilize.