Live text record 2024/12/27:
First, BTC's pressure level of 97500 has been reached, but it has not yet stabilized. Today is Friday and the volatility may not be very large. Everyone should pay close attention to it. I think there are many opportunities to trade contracts on Saturday and Sunday, but the trend may be slower.
Second, ETH's pressure level of 3440 has been reached, but it has not stabilized. The ETH/BTC exchange rate has stopped falling on the daily line. It would be great if the weekly line can close with a big positive line. The exchange rate of 0.04 has not yet broken through. Only after the breakthrough can ETH lead the rise of altcoins, otherwise it will always be trampled under the feet of BTC.
Third, the U.S. Congress is expected to restart cryptocurrency legislation in 2025, and several key bills such as "FIT21" and the stablecoin regulatory bill are expected to become priority issues. The previously proposed "Strategic Bitcoin Reserve" plan may also become a focus of attention. As the cryptocurrency industry faces a new regulatory framework, how will the market react? Positive. #BTC