Are you feeling drowsy these days because of the market's sluggishness? It's been oscillating between 93000 and 98000, like it's taking deep breaths, preparing for a big move. But don't rush; institutions are generally optimistic about the market next year, and I personally think this is an upward trend. After all, after the rocket-like rise in the past two months, the market also needs to catch its breath and steady itself! The market changes faster than flipping a book, so we must remain patient.
So, what will the market do next? I'll analyze it, but this is just my personal opinion and not investment advice. You can follow me for daily updates.
Specifically, regarding $BTC, it seems to be playing a 'finding direction' game. If there are no bad news disruptions, it might just shoot up one day. But at this moment, don’t put all your money in at once; dollar-cost averaging is the way to go, take it slow, and keep in mind that even if it drops another 15%, we still have funds to buy the dip!
Looking at $BNB, it's wandering between the 680 to 720 range, and it's noticeably lazier today than yesterday. This might be due to the airdrop activity being halfway through, and some friends have taken their profits and left.
As for $ETH, it's hovering between 3200 and 3700, also waiting for the wind to come. Just because BTC is stagnant doesn’t mean ETH can’t make a move on its own; after all, institutions have recently shown a lot of interest and have increased their holdings!
Now, back to today’s daily BTC technical analysis: From the K-line perspective, the 1-hour shows signs of stopping the decline and rebounding, the 4-hour level is down, the 12-hour level is down, and the daily level is down. The intraday resistance level is 96500, and the support level is 91000 USD.