Weekend Market Analysis
This morning, the flight instrument broke 95 and is currently fluctuating. However, due to the low buying volume over the weekend and insufficient attention, the operation speed is extremely slow.
Yesterday, the flight instrument fluctuated within 500 units. This phenomenon is considered normal for weekends.
Yesterday, the aunt’s instrument slowly moved up within a range of 60 units, breaking 3400 this morning, but it did not stabilize and is currently fluctuating down to around 3380.
On the daily chart, the flight instrument repeatedly rises to 99 before falling back to the starting point of 94, resembling a controlled wash. Since the 24th, the big pie flight instrument has behaved like balloons, adjusting for one to two days regardless of whether it goes up or down. This rhythmic pattern is expected to continue until Trump takes office.
With Trump expected to take office in January, it is anticipated that the market will experience a wave of enthusiasm, with Bitcoin/Ethereum prices likely to see significant fluctuations again. According to Umi, if there are no major influencing factors, the situation will remain the same.
Outlook for Next Week:
Unknowingly, we have reached the end of the year, and the Year of the Dragon 2024 is about to pass. Over the past year, Bitcoin has broken the six-figure mark, and Ethereum has also reached a new high of 4109 this year.
Next Wednesday will mark the arrival of the Year of the Snake in 2025. Umi expects that next week the flight instrument will warm up with the new year, and new signs will appear, overall operating with a retraction trend.
Umi would like to wish everyone good luck in the Year of the Snake in advance, and with a new year comes new opportunities; let us continue to pay attention to the market movements and embrace new challenges together!
