Some people ask, has the market peaked now? Is the bull market still there? The bull market is still there, and we are still in the middle and late stages of the bull market.
Before Trump took office on January 20, the market was still expecting Trump to fulfill his promise after the election. Before this consensus is broken, as long as there is no greater negative news, Bitcoin will still be on an upward trend. I have said before that even in a violent bull market, there will be a market where contracts are blown up by pins. In the past 24 hours, 17.9 US dollars were blown up, 1.614 billion long orders were blown up, and 177 million short orders were blown up, mainly long orders. The market needs to wash out some leverage and unsteady chips before it will help the next wave of pull-ups.
Market liquidity usually decreases during Christmas, so pay attention to the risk of short-term pullbacks. Looking back at the past 11 Christmases, there have been 4 post-holiday price increases and 7 declines. There are two important nodes before Christmas this year, the Federal Reserve interest rate meeting on December 19 and the official implementation of the Nasdaq 100 index on December 20. Therefore, market volatility may increase during Christmas.
Although the market may be at a low point during Christmas, in the first quarter of 2025, with Trump taking office on January 20, the market will usher in a new wave of positive expectations. #加密市场回调 #市场回调抄底还是观望? #币安HODLer空投MOVE #亚马逊股东提议比特币投资