Ethereum may have a chance to re-enter the market soon
Like Bitcoin, Ethereum tends to lose momentum when prices rise sharply, especially when prices rise by more than 60% in 30 days.
Historically, this is usually a good opportunity to profit. The current price has pulled back to the same level as a month ago, which may mean that an opportunity to re-enter the market is brewing, especially if the bull market is expected to continue until 2025.
It is worth noting that Ethereum has not shown the higher beta characteristics in the previous bull market in this round of rebound. However, it is still an asset favored by investors. The recent continuous inflow of ETF funds is the best proof. This strong demand not only highlights the important position of Ethereum, but also shows that it is still attracting attention even if it performs slightly below expectations in this cycle.
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Family: $ZEN I have already closed my position and exited. Making money means taking it off the table, that's your wealth. Slow is fast. If you want to get rich overnight and make quick money, my skills may not be suitable for you. Slow down, learn gradually, plan for the long term, and master the skills. #2025加密趋势预测
#币安Alpha公布第6批项目 just went to Binance Web3 wallet and surprisingly received an airdrop of Frog. Binance takes airdrops seriously, unlike some exchanges where you complete a bunch of tasks and end up with no airdrop at all. The difference in scale and strength is evident. So, friends, you can check your wallets. If you have completed tasks before, you are likely to have received an airdrop! $BNB
🔶 DeSci Protocol BIO Protocol plans to extend the BIO token to Solana
This includes deploying the $BIO token contract on Solana, establishing cross-chain bridge infrastructure, and allocating an additional 1% of funds from ecological incentives to establish a cross-chain liquidity pool, with a plan to deploy a liquidity pool with a depth of approximately 1 million USD covering both concentrated and extensive liquidity ranges.
It is worth mentioning that last night the anti-aging drug research token $VITA under the BIO protocol broke its all-time high, and the #DeSci track has officially started to rotate 👀
👉🏻 点击加入泵泵聊天室,讨论更多 there are more red envelopes and surrounding benefits!
Currently, the market is experiencing a decline at night with spikes, followed by a rebound during the day. However, the rebound lacks volume, which is very dangerous‼️ Looking at it with Fibonacci, 618 is an important resistance level. If it breaks above 3726, it would be bold to consider going long, but that is difficult. Currently, there is hardly any volume in the upward movement. Let's see if 3342 can hold; if it can't, it remains a bearish trend. My personal view on the current market is to short on rallies. Bitcoin has not effectively broken 100,000 to challenge the 102,000 level; it has been deceiving traders. Everyone should observe more and act less.
Merry Christmas, follow Saoge and let's play Niu Niu together
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Bullish
Merry Christmas 🎄, friends around the world! 🧧 Let's strive for 30,000 followers for this year, only 600 left! Tonight, let's reach 1,000 people in the Binance chat room (still 30 more to go). It's all just a little shiver, let's charge forward again next year! 骚哥专属聊天室点此直接进入周边福利领不停 $ETH
Since September 2023, Solana has experienced a continuous net capital inflow, with very little capital outflow disrupting the trend. This stable liquidity has driven growth, with daily inflows peaking at 776 million dollars, leading to an increase in the price of SOL! 🚀
Now join the group not only to draw peripherals, but also tonight every time at $BNB password 🧧 red envelope rain, there are surprises in the picture, pick up the leak yourself🤣
$ETH Evening Thoughts: Originally, I wanted to chase the right side and it turned up, but the change was too fast! Will it lure more and then come down again? Then I simply won’t chase more and find a position to short it. 🍎 See the picture: As long as the 4-hour level two cakes break through and stand firm at 3545, they will challenge the upper pressure level of 3611-3691. If they can’t stand firm at 3545, everything is just a rebound to tease you😃. The two cakes fall back to 3488 and lightly buy one more hand. The pin falsely breaks through 3613 and lightly sell one hand, with a stop loss. With such low liquidity, who just pulled the plate, just playing a fake shot. ㊗️Happy Christmas to all classmates! 🎄🎄🎄 $ETH #币安Alpha公布第6批项目 #“圣诞老人行情”再现 #灰度提交Horizen信托文件
Brothers, those following ZRO can get off now. The Christmas tree 🎄 praise has ended, and tonight Santa Claus will come out to give everyone gifts. Please be cautious and avoid some risks.
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.