The market continues to fall, the rebound force seems weak, and a faint panic is quietly spreading in the market. We have analyzed the reasons for this situation before. On Christmas Eve every year, the market often sees a wave of market conditions that drive the overall downward trend. The outflow of liquidity is not only reflected in large assets, but the reduction of liquidity in many altcoins is also one of the key factors.
Although large ETFs and spot are still inflowing, the price of the currency has not rebounded significantly. Coupled with the failure of Microsoft's vote, it seems to indicate that the market still needs time to repair itself. At the technical analysis level, the price of large assets has been testing support near the 4H ema moving average. If this position is substantially broken, the market may further decline to around 90,000. Therefore, investors should pay close attention to the price range of 94,500 to 93,500, and also pay attention to the key points of 98,500 to 100,000 above.
In the face of the current complex and changing market, we need to maintain a cautious and rational attitude and patiently wait for the market trend to become clear. When making investment decisions, we should fully consider various factors and rationally allocate assets to cope with possible market fluctuations. At the same time, we should also pay close attention to the dynamic changes of the market and adjust strategies in time to cope with various uncertain risks. Let us hope that the market can find balance and restore stability as soon as possible.