Good evening, everyone. I'd like to share my current market outlook.
Now, Ethereum's trend is obviously better than Bitcoin. Ethereum has been fluctuating for four hours, with a trend of falling with a horizontal trend. At 8 o'clock this morning, it also closed the weekly K, with a positive line, which is better than expected. Bitcoin is still going down. Bitcoin is now more than 93,000, while Ethereum is still above 3,400. Bitcoin is infinitely approaching 92,000, which is much better than expected. I thought Bitcoin would fall like a waterfall and bring down the altcoins. At present, Bitcoin has been slowly falling, while the altcoins are okay and have not moved much. This market is very good, indicating that the funds of the altcoins are still relatively strong and have been holding up. The later altcoin bullish trend will come soon.
Last week was Christmas, and trading in overseas markets was relatively cold, with little trading volume. The overall market was trading sideways. This week, institutions and retail investors will return to work, and the market will soon reverse. Ethereum will definitely have a good increase in the first quarter of next year. You can review the first quarter of 21, which was also the beginning of a bull market. Ethereum rose from more than 800 US dollars in January to more than 4,300, an increase of 390%, almost a four-fold increase. Let's recharge some faith. Next year's Ethereum upgrade will also bring a wave of heat. It is expected that next year's market will be sideways at a high level, and funds will flow to Ethereum and copycats. In February and March next year, as long as everyone can hold on to the coins in their hands, it will not be a problem to double them by 3-5 times.