$BTC
《Trend Changes — Current Market Analysis》
The big coin experienced sharp fluctuations this weekend, causing those who have just been traumatized to frown, fearing that the big coin will test the bottom again. From the trend, there is no sign of a pullback; the support level is at 94,000, while the resistance level is around 99,800. The overall trend remains volatile.
Ethereum has some support around 3,330 and shows signs of turning upwards. However, the main force won't be that kind-hearted to let it go straight up. It's normal for the market to experience sharp fluctuations during the recovery process. The bull market has not ended; one must hold onto their chips tightly.
With Christmas approaching and the historical trend of poor Christmas market performance, people are being cautious. The recent sharp drop could be an early escape of risk-averse funds ahead of Christmas, leading to a decline.
Although the secondary market is sluggish, the primary on-chain funds remain relatively active. Wishing everyone a pleasant weekend, while also maintaining a good mindset to welcome a brand new week.