Bitcoin and Ethereum retracement, the market follows down.
If Bitcoin cannot hold the middle support, it will continue to move towards the lower support. There is a high probability it will break the lower support.
Ethereum has already reached the lower support, let's see if it can hold.
The triple witching day combined with Christmas, indeed shows a mix of red and green.
However, there is still a bit of optimism for next year, as long as Grayscale finishes selling, Ethereum will have another opportunity.
Currently, the focus is on accumulating coins.
If you use options grid, hedging spot with contracts, and employing a wheel strategy, the losses from this wave are almost negligible.
So, it is still necessary to have some options for protection.
Wishing everyone happiness in bottom fishing.