Opportunities Abound After the Plunge

1. ETH closed with a huge volume bottom-reversal candlestick at 3100 yesterday, this position represents 50% of the entire increase and is also at the 20-week moving average position. From the weekly perspective, this pullback of ETH is considered a healthy retracement.

2. ETH has historically shown a double bottom in both price and the BTC exchange rate multiple times in December, and this year is no exception. I remain very optimistic about ETH and quality altcoins’ performance in 2025!