Market Trend Analysis and Operational Strategy (December 4)
Strong Capital Inflow: As of December 4, Bitcoin saw a net capital inflow of $676 million in a single day, marking four consecutive days of net inflow; Ethereum also experienced an inflow of $132.6 million, with net inflows for seven consecutive days, showing a strong bullish trend overall.
Continued Speculation in the Solana (SOL) Ecosystem: Four institutions' applications for Solana ETFs will be reviewed by the SEC on January 25, 2025, providing a new catalyst for speculation in the Solana ecosystem, investors should pay attention to relevant projects in the SOL ecosystem.
Whale Activity: A whale purchased 11,257.7 ETH at an average price of $3,560 and sold at $3,649, making a short-term profit of $1 million, demonstrating the whale's keen operations during the volatility of a bull market, which is worth learning from.
Important Data Set to Be Announced: ADP and PMI data will be released tonight, which may have a short-term impact on the market; investors should watch for pin bar volatility and consider buying at lower levels.
Bitcoin (BTC) Trend: Although Bitcoin has downside risks, the decline is limited, and strong rebound buying may push prices to break through the previous high of $99,640. Support levels are at 95,500 and 94,170, with a defensive level at 93,600.
Ethereum (ETH) Operational Advice: The bullish trend remains unchanged, with support positions around $3,621 and $3,575; if prices retract to these levels, consider testing entry, with a defensive level set at $3,538.
Profit Opportunities: Based on data from the past few years, the best entry time is usually in October; even without trading for several months in between, spot investments still yield 3-4 times returns.
Favorable Policies: The Trump administration has opened an IPO channel for cryptocurrency companies, and Binance US may be included; additionally, Binance is preparing to introduce strategic investors, with Abu Dhabi or Dubai potentially joining, which will strongly influence BNB prices.
Summary: The current market shows healthy performance, with clear bullish sentiment; it is recommended to pay attention to key support and resistance levels, utilizing pin bar volatility and short-term pullbacks to seize investment opportunities.
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