After the crash, investors are filled with anxiety, eagerly awaiting a market reversal. But to be honest, expecting a big reversal in just a couple of days is unrealistic; everyone may have to 'lie flat' for a while.
The United States has entered the year-end holiday, and the stock market is frequently closed. The traders who have been busy all year are also taking a break, and stockholders can only go home to gather funds, preparing to fight again next year. In the past week, $2.5 billion has flowed out of Nasdaq tech stocks, and $650 million has flowed out of BTC spot ETFs, as everyone needs to spend for the New Year, and market liquidity is clearly insufficient.
Investment mogul Warren Buffett has invested $650 million to bottom fish in American oil stocks, holding $320 billion to exit, clearly seizing the opportunity. Now that he has entered, retail investors following suit in bottom fishing might not be wrong. It is currently recommended to gradually build positions on dips, as most altcoins are close to the bottom, and they will still need to consolidate for a while. Once Trump is back in office, and the market warms up, you might be able to grab low-priced chips.
Currently, the BTC weekly MACD has formed a death cross, with a large bearish candle last week and a massive capital outflow. The next 3-5 weeks are likely to be a pullback and sideways consolidation market. It is safer to take short positions during rebounds, and one should pay attention to key resistance levels.
From the daily perspective, BTC has broken the upward trend line, and the 5-10 moving averages have crossed below the 30-day moving average, making it difficult for a reversal in the short term. There is support near 90500 below; if it can build a bottom and consolidate here, that would be ideal. If it falls to 85000, it will take quite some time to recover, and if it breaks below 85000, the bull market could be in danger. Be sure to buy in batches when bottom fishing and avoid going all in at once.
On the four-hour level, 99205 is the upper resistance level, and short positions can be taken; there is support around 93800 and 90500, where small long positions can be taken. The pullback trend is still ongoing, but the decline is small and the retracement is gentle. Most altcoins have retraced to the bottom range, and it may be a good opportunity to buy in batches, perhaps the last chance to buy at the bottom.
Price fluctuations have their cycles; sell during a surge and buy during a drop. The bull market has not ended, so don't panic. Even when bottom fishing, you must hold for a while.
By the way, recently the popularity of the Elon Musk-themed 𝑝𝑢𝑝𝑝𝑖𝑒𝑠 project on the Ethereum chain has surged, similar to shib, with a novel concept. If investors are interested, they might want to pay attention to it; it could lead to discovering the next potential coin.#市场调整後的机会？ #比特币战略储备 #比特币市场波动观察 #加密市场盘整 #USUAL走势分析 $BTC $XRP $DOGE 
